Which of the Following Is NOT a Reason Joint Ventures

question 72

Multiple Choice

Which of the following is NOT a reason joint ventures fail?

• A) Managers who must collaborate daily in operating the venture are not involved in forming or shaping the venture.
• B) The venture may not be supported equally by both partners.
• C) The venture may benefit the partnering companies, but may not benefit the customers who then complain about poorer service or criticize the companies in other ways.
• D) Venture risk was minimized.
• E) The venture may begin to compete more with one of the partners than the other.

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Definitions:

GDP

A metric for evaluating the economic success of a nation, Gross Domestic Product calculates the overall value of goods and services generated over a designated period.

GNP

Gross National Product; the total value of goods produced and services provided by a country during one year, including net income from abroad.

Net Factor Payments

The difference between the payments made to factors of production from abroad and the payments made to foreign factors of production domestically.

GDP

Gross Domestic Product, the total value of all goods and services produced over a specific time period within a country's borders.