Joint ventures ________.
A) let companies create tightly integrated operations
B) are less risky compared to strategic alliances
C) are riskier to a firm than formal mergers
D) disrupt the original companies and their business
E) would not help companies gain credibility in new fields

Question

Quizplus · Accepted Answer

A) A joint venture lets companies create an operation that is more tightly integrated than a strategic alliance but without disrupting the original companies to the extent that a merger or acquisition does.

Joint Ventures ________