Joint ventures are successful,however they can be risky.This is because joint ventures:
A)consist of partners who sometimes cannot agree on management policies.
B)depend heavily on contract manufacturing.
C)are void of government interference.
D)are very different from licensing agreements.

Question

Quizplus · Accepted Answer

Joint ventures involve two or more partners who have different perspectives, management styles, and cultural backgrounds. This can lead to disagreements and conflicts over management policies, which can ultimately jeopardize the success of the venture. Therefore, joint ventures can be risky. The other choices (B, C, and D) are not relevant to the risks associated with joint ventures.

Joint Ventures Are Successful,however They Can Be Risky