What is the primary disadvantage of a joint venture?
A) lack of local market knowledge
B) imbalanced sharing of risks
C) ineffective standards
D) differences in culture

Question

Quizplus · Accepted Answer

The primary disadvantage of a joint venture often lies in the differences in culture between the partnering companies. These cultural differences can lead to misunderstandings, conflicts, and inefficiencies in how the joint venture operates.

What Is the Primary Disadvantage of a Joint Venture