Relative to Mergers and Acquisitions or Internal Venturing, Joint Ventures

Relative to mergers and acquisitions or internal venturing, joint ventures are considered to be _____.

A) more risky
B) less risky
C) no difference in risk than either mergers or acquisitions and internal venturing
D) less risky than mergers and acquisitions but more risky than internal venturing
E) more risky than mergers and acquisitions but less risky than internal venturing