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.
ANSWER: a
In an international joint venture, the domestic firm buys part of a foreign company or joins with a foreign company to create a new entity. While joint ventures can be successful, they can also be very risky. Many fail, and others fall victim to a takeover in which one partner buys out the other. Sometimes joint ventures partners simply cannot agree on management strategies and policies.
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Answer the following statements true (T) or false (F)
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The need for the researcher to understand the nature of what decision managers face and what they hope to learn from research is one of the reasons to conduct ________
A) discussions with decision makers B) interview with experts C) secondary data analysis D) qualitative research
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What would be an ideal response?
The offeror has the right to specify how an acceptance of an offer must be made
Indicate whether the statement is true or false