A Disadvantage of Joint Ventures as a Means to Acquire

question 93

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.

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