Which strategy would be most appropriate when the distinctive competencies of two or more firms complement each other especially well?
A) Conglomerate diversification
B) Divestiture
C) Joint venture
D) Retrenchment
E) Integration

Question

Quizplus · Accepted Answer

A joint venture is appropriate when firms have complementary competencies, allowing them to collaborate and leverage each other's strengths for mutual benefit.

Which Strategy Would Be Most Appropriate When the Distinctive Competencies