A checklist for selecting joint venture partners in a foreign country should include which of the following?
A) Choose a foreign partner with activities that relate closely to your firm's major business.
B) Choose a foreign partner with a strong local workforce.
C) Choose a foreign partner with good profit potential and sound financial standing.
D) All of the options listed
E) None of the options listed

Question

Quizplus · Accepted Answer

All the options listed are important considerations when selecting a joint venture partner in a foreign country. A partner with related activities can provide synergy, a strong local workforce ensures operational efficiency, and good profit potential with sound financial standing ensures the venture's financial viability.

A Checklist for Selecting Joint Venture Partners in a Foreign