Research suggests that joint ventures are more successful in international undertakings than are wholly owned subsidiaries.

Question

Quizplus · Accepted Answer

Research on the success of joint ventures versus wholly owned subsidiaries in international business is mixed, with success depending on various factors such as the nature of the industry, local market conditions, and strategic goals of the parent company. There is no clear evidence that one is universally more successful than the other.

Research Suggests That Joint Ventures Are More Successful in International