With respect to joint ventures, the _____ argument is illustrated by not only shared capital and risk but possible contributions brought in by the local partner in land, raw materials, expertise on the local environment, and access to local distribution networks.

Question

Quizplus · Accepted Answer

The synergy argument is illustrated by the combination of resources and strengths each partner brings to a joint venture, such as capital, risk sharing, land, raw materials, local expertise, and access to distribution networks, creating a stronger entity together than either could be separately.

With Respect to Joint Ventures, the _____ Argument Is Illustrated