Which of the following is a key reason that a focal firm would most likely enter a collaborative venture with a foreign firm?
A)the foreign firm can fill an important gap in the focal firm's value chain
B)the foreign firm requires the focal firm's financial resources to compete locally as well
C)the focal firm wants to duplicate a competitor's marketing strategies abroad
D)the market abroad is saturated; there is no scope for the focal firm's products or services

Question

Quizplus · Accepted Answer

Collaboration with a foreign firm is most likely to be pursued if the foreign firm can help the focal firm fill an important gap in its value chain, such as providing access to new markets, technology, or skills that are not available in-house. The other options (B, C, D) are unlikely to be key reasons for pursuing a collaborative venture with a foreign firm.

Which of the Following Is a Key Reason That a Focal