One of the disadvantages of joint venture agreements is that:
A) the skills of the partners are not compatible.
B) they do not give a firm the control over subsidiaries that it might need to realise experience curve economies.
C) a firm can give away more than it receives.
D) while the firms share costs, one may create more costs than the other.

Question

Quizplus · Accepted Answer

Joint ventures often involve shared control, which can limit a firm's ability to fully implement strategies and realize experience curve economies as it might with wholly-owned subsidiaries.

One of the Disadvantages of Joint Venture Agreements Is That