Which of the following is most likely a benefit of joint ownership?
A) It allows one firm to acquire complete ownership of the other firm in the venture.
B) It is the simplest way for a domestic company to enter a foreign market.
C) It minimizes the need to build a new manufacturing facility in the foreign market.
D) It provides significant economies of scale for both the local firm and the foreign investor.
E) It allows a firm to gain the financial and managerial resources that it may otherwise lack.

Question

Quizplus · Accepted Answer

Joint ownership allows firms to pool resources, providing access to financial and managerial resources that they may not have independently.

Which of the Following Is Most Likely a Benefit of Joint