Which of the Following Is NOT a Reason Joint Ventures

question 40

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) Stakeholders from both partners are equally satisfied.
• E) The venture may begin to compete more with one of the partners than the other.

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Definitions:

Government Agencies

Bodies established by a government to perform specific functions or provide services in accordance with legal mandates.

Tort

An unjust action or violation of a right that results in civil legal accountability.

Breach of Contract

The violation or non-fulfillment of a binding agreement's terms by one or more of the parties involved.

Personal Information and Electronic Documents Act

Canadian legislation that governs how private sector organizations collect, use, and disclose personal information in the course of commercial business.