Which of the following is a major advantage of a joint venture?
A) Shared ownership reduces financial investment and risk
B) Firms retain control of their technology and proprietary knowledge
C) Partners always have shared goals
D) Partnerships can not be dissolved over time

Question

Quizplus · Accepted Answer

Shared ownership in a joint venture allows partners to pool resources, which reduces the financial burden and risk for each party involved.

Which of the Following Is a Major Advantage of a Joint