Which of the following strategies is a firm most likely to use, if it initiates a joint venture with a local company in a foreign country, as a way of adapting to risk?

Question

Quizplus · Accepted Answer

Equity sharing is a strategy that involves sharing ownership of a joint venture with a local company in a foreign country. This strategy can help to reduce the risk of the venture by spreading the financial burden and risk between the two companies.

Which of the Following Strategies Is a Firm Most Likely