Benefits of joint ventures may include:
A) the ability to respond to strong nationalistic sentiment in the host nation.
B) access to expertise that the company lacks.
C) differing strategies and cultures of the partners.
D) two of the above.
E) all of A, B, and C.

Question

Quizplus · Accepted Answer

Joint ventures can provide access to expertise that the company lacks while also allowing for differentiation in strategies and cultures of the partnering companies. Additionally, a joint venture may be a way to respond to nationalistic sentiment in the host country. Therefore, the correct answer is D, as it includes the benefits of both access to expertise and differing strategies and cultures of the partners while being more specific than answer E.

Benefits of Joint Ventures May Include