Many joint ventures fail because the parties involved neglected to ________.
A)select a partner who shares their company's values
B)spell out in writing exactly how the venture will work and who has decision-making authority
C)select a partner whose skills are different from, but compatible with, their own
D)All of the above

Question

Quizplus · Accepted Answer

All of the options listed are important factors in ensuring the success of a joint venture. Selecting a compatible partner who shares your company's values, having a written agreement outlining the details of the venture, and finding a partner with complementary skills are all essential components. Failing to pay attention to any of these factors can result in a joint venture that is doomed to fail.

Many Joint Ventures Fail Because the Parties Involved Neglected to ________