Which of the following collaborative arrangements is usually considered to be the most complex and expensive?
A) Strategic alliance
B) Joint venture
C) Licensing
D) Outsourcing

Question

Quizplus · Accepted Answer

Joint ventures are typically considered the most complex and expensive collaborative arrangement because they involve creating a new legal entity with shared ownership and control between the partnering firms. Joint ventures require significant upfront investment and ongoing communication and coordination between partners, making them more complex and expensive than other collaborative arrangements such as licensing or outsourcing. Strategic alliances also involve close collaboration between firms but do not require the creation of a new entity, while outsourcing involves contracting out specific tasks or functions rather than a full partnership.

Which of the Following Collaborative Arrangements Is Usually Considered to Be