The Most Important Factor That Determines the Success or Failure

question 22

Multiple Choice

The most important factor that determines the success or failure of an international joint venture is the ________.

• A) amount of financial investment
• B) need for technology
• C) type of industry
• D) choice of partner

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Definitions:

Corporate Social Responsibility

Describes a company's commitment to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large.

Practices

Standard methods or procedures adopted by individuals or organizations to achieve desired outcomes or maintain operational standards.

Top CEOs

Chief executive officers who are highly successful and recognized for their leadership and business achievements.

Financial Performance

Measures how well a firm is using its assets to generate profits and cash flow, reflecting the financial health of the company.