Firms pursuing global standardization or transnational strategies tend to prefer joint-venture arrangements over wholly owned subsidiaries.

Question

Quizplus · Accepted Answer

Firms pursuing global standardization or transnational strategies prefer to have full control over operations and resources, which is why they tend to prefer wholly owned subsidiaries over joint-venture arrangements. Joint-ventures are more commonly used by firms pursuing a multidomestic strategy.

Firms Pursuing Global Standardization or Transnational Strategies Tend to Prefer