Asked by Michaela Pfaff on Jul 16, 2024
Verified
Which of the following is a disadvantage associated with joint ventures?
A) Increased political risk
B) Partners having different goals
C) Partners not sharing the costs
D) Unfair regulation
Joint Ventures
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task, often with both sharing in the profits and risks.
Unfair Regulation
Imposed rules or laws considered unjust and detrimental to specific groups or entities.
- Ascertain the potential risks and rewards tied to distinct global market penetration tactics.
- Analyze the operational and strategic considerations in forming joint ventures and other types of partnerships.
- Characterize the cons associated with specific methods of entry, such as joint ventures and exporting.
Verified Answer
CC
Charmine crews-laneJul 22, 2024
Final Answer :
B
Explanation :
Joint ventures often involve partners with different goals and objectives, which can lead to conflicts and challenges in managing the partnership effectively. This is a recognized disadvantage of entering into joint ventures.
Learning Objectives
- Ascertain the potential risks and rewards tied to distinct global market penetration tactics.
- Analyze the operational and strategic considerations in forming joint ventures and other types of partnerships.
- Characterize the cons associated with specific methods of entry, such as joint ventures and exporting.