Which Statement Is False Regarding Joint Ventures

question 91

Multiple Choice

Which statement is false regarding joint ventures?

• A)Joint ventures are a preferred international entry mode for emerging markets.
• B)When a joint venture has a state-owned enterprise as a partner it is assured instant local access.
• C)It is typical for joint ventures to take place between an international firm and a state-owned enterprise.
• D)Joint ventures are frequently discouraged by local governments because of the monopoly-like power that they wield.

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Definitions:

Willing and Able

Refers to a consumer's readiness and capacity to purchase goods or services at a given price level.

Market System

An economic system in which economic decisions and the pricing of goods and services are guided by the interactions of citizens and businesses.

Goods and Services

The output produced by an economy, including tangible products (goods) and intangible activities (services) that fulfill the needs or wants of consumers.

Profitable

A financial status where the income earned is greater than the expenses incurred, leading to a positive net income.