Multiple Choice
Which of the following is a disadvantage of joint ventures as a means to acquire new technology?
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.
Correct Answer:
Verified
Correct Answer:
Verified
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