Collaborative ventures benefit SMEs by providing them with ________.
A)better trained employees
B)increased amount of capital
C)larger and newer facilities
D)more advanced technology

Question

Quizplus · Accepted Answer

Collaborative ventures involve multiple parties coming together to pool resources and obtain greater financial backing. This allows SMEs to access increased amounts of capital that they may not have been able to secure on their own. While collaborative ventures may lead to other benefits such as better trained employees, larger facilities, or more advanced technology, these are not guaranteed outcomes and may not apply in every situation.

Collaborative Ventures Benefit SMEs by Providing Them with ________