A major disadvantage to joint ventures is the potential for conflict between the partners.

Question

Quizplus · Accepted Answer

Joint ventures involve multiple partners who may have conflicting goals, expectations, or ideas. This can lead to disagreements, misunderstandings, or even legal disputes, which can negatively impact the success of the venture. Therefore, managing the relationships and interests of all partners is crucial for the joint venture's sustainability and profitability.

A Major Disadvantage to Joint Ventures Is the Potential for Conflict