Joint ventures and partnerships between domestic and foreign firms are
A) falling out of favor.
B) increasingly difficult to engineer.
C) the exception rather than the rule.
D) extremely commonplace.
E) subject to too many regulations to be feasible.

Question

Quizplus · Accepted Answer

Joint ventures and partnerships between domestic and foreign firms are extremely commonplace. Many companies use joint ventures as a way to enter new markets, share risk, and gain expertise from local partners.

Joint Ventures and Partnerships Between Domestic and Foreign Firms Are