Sharon Cannon
Sharon Cannon was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all-expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be.
-The American firm joining in the joint venture faces __________ than if it were using __________ to do business internationally.

Question

Quizplus · Accepted Answer

A joint venture typically involves higher costs compared to outsourcing because it requires investment in a partnership and shared management, whereas outsourcing involves contracting out services or production to another company, often at a lower cost.

Sharon Cannon Sharon Cannon Was an MBA Student in Detroit, Michigan, with Michigan