An advantage of joint ventures in the international marketplace is
A) the local partner may have a greater knowledge of local consumer tastes and preferences.
B) the local partner may have a greater understanding of local business practices and regulations.
C) costs of developing the new market are shared with the joint venture partner.
D) the risks of entering the new market are shared with the joint venture partner.
E) All of the above are advantages of joint ventures.
Correct Answer:
Verified
Q85: Which of the following companies is an
Q90: Exporting,licensing,franchising,joint ventures and wholly owned subsidiaries are
Q91: In order to achieve cost economies,Strong Manufacturing
Q92: Grant Fire Corporation manufactures engines for its
Q93: Transnational companies
A)require effective communication and coordination networks
Q96: The transnational model of organizational structure consists
Q97: _ is an arrangement by which Company
Q98: A disadvantage of licensing is that the
Q99: A disadvantage of entering global competition through
Q100: Exporting is
A)a common entry strategy for global
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents