How is joint venturing more risky and complex than merely exporting?
What will be an ideal response?
With a joint venture, a company joins forces with another foreign company to produce or market products or services. With a joint venture, the company is not merely producing domestically and then shipping abroad; the company is working hand-in-hand with a foreign company toward a common purpose. Exporting requires a smaller financial commitment, and exporting relationships are easier to sever than joint ventures are.
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Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false