Which of the following statements is true about joint ventures?
A) cost and risk-sharing are major reasons for creating joint ventures.
B) joint ventures are partnerships between large multinationals and small local firms.
C) joint ventures are a 50/50 split in ownerships between two firms.
D) multinationals with technology that isimportant to their products typically enter into a joint venture with minority interest.
E) all of these true.
Correct Answer:
Verified
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