A Disadvantage of Joint Ventures as a Means to Acquire

Multiple Choice

A disadvantage of joint ventures as a means to acquire new technology is that

A) it is the most expensive and time-consuming way to develop new technology.
B) it makes a firm solely dependent on its internal development capabilities.
C) coordination costs can be high and organizational cultures can clash, limiting the outcomes.
D) purchase of a company can be expensive.
E) it fails to establish a new company.