With respect to joint ventures, the ________________ argument is illustrated by not only shared capital and risk but possible contributions brought in by the local
Partner in land, raw materials, expertise on the local environment, and access to
Local distribution networks.

Question

Quizplus · Accepted Answer

The argument described pertains to the concept of synergy, in which the joint venture partners bring together their resources and expertise to create a mutually beneficial outcome. The shared capital and risk, as well as the contributions of the local partner in land, raw materials, expertise and access to distribution networks all exemplify the principle of synergy in joint ventures.

With Respect to Joint Ventures, the ________________ Argument Is Illustrated