A Disadvantage of Entering Global Competition Through a Joint Venture

question 118

Multiple Choice

A disadvantage of entering global competition through a joint venture is

• A)it may present political roadblocks.
• B)the partner's knowledge of local tastes and preferences may interfere with standardized operations.
• C)conflict over who controls what within a joint venture that causes many joint ventures to fail.
• D)it is a seldom used strategy,offering many unknowns.
• E)there is seldom an agreement in place covering the joint venture.

---

Definitions:

Crisis Proportions

A situation or condition that has escalated to an extremely severe or critical level.

Gender Differentiation

The process of distinguishing behaviors, roles, and attributes based on perceived biological sex, leading to the assignment of gender roles.

Cultural Biases

The inclination of judging people or concepts based on the norms and values of one's own culture, often leading to misunderstandings or prejudice.

Personality Development

The process through which a person's character traits, behaviors, and emotional patterns evolve over the course of their lifetime.