In many industries,the winners will be the companies that:

Question

Quizplus · Accepted Answer

Joint ventures can be complex and challenging to manage, therefore, companies that are able to quickly learn how to effectively manage joint ventures will have a competitive advantage in their industry. This will allow them to access new markets, technologies, and resources through partnerships with other companies while minimizing the risks and costs associated with such ventures. Outsourcing or only forming partnerships with companies that know how to manage joint ventures successfully may limit the opportunities available to the company, while avoiding joint ventures altogether may prevent the company from accessing the benefits of collaboration and innovation that joint ventures can provide.

In Many Industries,the Winners Will Be the Companies That