Managing Global Joint Ventures Can Be Difficult Because They

question 4

Multiple Choice

Managing global joint ventures can be difficult because they:

• A) represent a merging of four cultures
• B) increase the number of tariffs that have to be paid
• C) can only be used by large companies that already have an international presence
• D) use local consistency in marketing
• E) do all of these

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Definitions:

Fraction

A mathematical formula that signifies dividing one value by another.

Decimal Places

Decimal places refer to the digits that appear after the decimal point in a numerical value, representing fractions of a whole.

LCD Television

A television display technology based on liquid crystal display, which uses liquid crystals to produce images.

GST

Goods and Services Tax, a value-added tax imposed on most goods and services sold for domestic consumption.