The most important ingredient for a successful joint venture is ________.
A)targeting the right country in which to sell
B)getting government approval and avoiding antitrust charges
C)choosing the right partner
D)splitting costs and profits equally

Question

Quizplus · Accepted Answer

Choosing the right partner is the most important ingredient for a successful joint venture as it determines the compatibility, skills, resources, and commitment of the partners towards the venture's objectives. Targeting the right country, government approval, and cost-profit sharing are essential but can be negotiated and adjusted based on the partner's suitability and agreement.

The Most Important Ingredient for a Successful Joint Venture Is