An advantage of joint ventures is _____.
A) the protection of know-how
B) the access to partners' assets
C) the ease of global coordination
D) the complete equity and operational control

Question

An advantage of joint ventures is _____.
A) the protection of know-how 
B) the access to partners' assets 
C) the ease of global coordination 
D) the complete equity and operational control

Quizplus · Accepted Answer

Joint ventures allow access to partners' assets, which can include intellectual property, technology, and resources that the partners may not otherwise have access to. This can help the joint venture succeed and grow in ways that may not be possible without the partnership. While joint ventures may involve shared know-how, they also involve the sharing of risks and rewards, which is why complete equity and operational control (choice D) is not typically possible. Global coordination (choice C) may also be a challenge in joint ventures, depending on the partners' locations and operational structures.

An Advantage of Joint Ventures Is _____