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Which Is Not True of Joint Ventures

Question 34

Short Answer

Which is not true of joint ventures?
a. They are jointly owned by two or more parent companies.
b. They share risks with local partners.
c. They gain access o the local partner's knowledge about the host country.
d. They are politically less acceptable than wholly owned subsidiaries.
e. The goals of partners may diverge.

Correct Answer:

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They are politically...

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