In the context of entry and growth strategies for global marketing,which of the following is most likely an advantage of joint ventures?

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Joint ventures help firms to share costs and risks of operating in a foreign market, allowing the firms to gain a competitive advantage. This can be especially beneficial for firms entering new markets, as they are able to leverage the knowledge and resources of their partners to more effectively navigate the unique challenges of the local business environment. Additionally, joint ventures can help firms to gain access to key distribution channels and customer bases that would otherwise be difficult to penetrate.

In the Context of Entry and Growth Strategies for Global