Joint ventures are best suited for projects that
A)are small in size.
B)each company could undertake by itself.
C)are routine in nature.
D)neither company could do on its own.
E)none of these choices.

Question

Quizplus · Accepted Answer

Joint ventures are best suited for projects that neither company could do on its own. This could be due to various reasons such as lack of resources, expertise, or market access. Joint ventures allow companies to pool their resources and share risks, which is especially beneficial for larger and more complex projects. Projects that are small in size or routine in nature can be handled individually by each company, while projects that can be undertaken by each company by itself may not require a joint venture.

Joint Ventures Are Best Suited for Projects That