Which of the following is a key reason that a focal firm would most likely enter a collaborative venture with a foreign firm?
A) when the foreign firm can fill an important gap in the focal firm's value chain
B) if the foreign firm develops a product or service for a niche market
C) when the focal firm needs to raise additional capital for research and development
D) if the focal firm agrees to a long-term legal contract that is mutually beneficial
Correct Answer:
Verified
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