Multiple Choice
Which of the following statements regarding joint ventures is false?
A) Successful joint ventures will only occur if there are few contractual disadvantages in sharing resources and developing products.
B) Joint ventures never occur in small MNCs owing to limited owner- specific assets.
C) Product joint ventures that have high risks and costs tend to occur in high growth markets.
D) New product joint ventures typically occur among the larger MNCs that have complementary ownership- specific assets.
Correct Answer:
Verified
Correct Answer:
Verified
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