Sometimes the value of cheating in a joint venture is sufficiently large that a firm cheats even though doing so hurts the joint venture and forecloses future opportunities.

Question

Quizplus · Accepted Answer

This statement is true. In some cases, the immediate benefits from cheating in a joint venture may be so great that a firm decides to cheat even though it harms the joint venture and future opportunities. This behavior is often short-sighted and ultimately damages the reputation and relationships of the cheating firm.

Sometimes the Value of Cheating in a Joint Venture Is