A joint venture strategy provides the most basic level of international involvement, with the least risk and control.

Question

Quizplus · Accepted Answer

A joint venture involves sharing ownership, control, and risk with another company in a foreign market. While it may be less risky than other types of international involvement, such as wholly-owned subsidiaries, it still involves a significant level of risk and control sharing.

A Joint Venture Strategy Provides the Most Basic Level of International