Which of the following is NOT an advantage to a joint venture?

Question

Quizplus · Accepted Answer

Joint ventures may have advantages such as access to local financial markets, advantageous technology, and enhanced public image for local sales. However, joint ventures may also have higher agency costs than a purely domestic firm due to the need for communication and coordination between the partners. Therefore, the correct answer is C, which states that higher agency costs are not an advantage to a joint venture.

Which of the Following Is NOT an Advantage to a Joint