A Disadvantage of Entering Global Competition Through a Joint Venture

Multiple Choice

A disadvantage of entering global competition through a joint venture is that:

A) it often aggravates political issues and incurs protectionist measures.
B) the partner's ideas about local tastes and preferences may interfere with standardized operations.
C) it involves the risk of losing control over technology to the partner.
D) it is the most expensive and risky option for entering a global market.
E) the local partner should bear most of the risks and costs involved.