The most important single factor determining IJV success or failure is the choice of a partner.

Question

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The success or failure of an international joint venture greatly depends on the choice of a partner. Selecting the right partner who shares your business vision, has complementary skills, and can contribute to the venture's success is critical. An incompatible partner can lead to conflicts, misunderstandings, and lack of cooperation, resulting in the failure of the IJV. Therefore, choosing the right partner is crucial for the success of an international joint venture.

The Most Important Single Factor Determining IJV Success or Failure