Which of the Following Is an Advantage of Establishing a Joint

question 31

Multiple Choice

Which of the following is an advantage of establishing a joint venture?

• A) Joint ventures with local partners do not face any risk of being subject to nationalization or other forms of adverse government interference.
• B) Joint ventures give a firm a tight control over subsidiaries that it might need to realize experience curve or location economies.
• C) When the development costs and/or risks of opening a foreign market are high, a firm might gain by sharing these costs and or risks with a local partner.
• D) The firm is deprived of the knowledge of the host country's competitive conditions, culture, language, etc.

Grasp the complexity of labor market dynamics and the concept of worker power.

Understand the different schools of thought in industrial relations and their perspectives on efficiency, equity, and voice.

Identify various models and examples of employee voice mechanisms independent of managerial authority.

Analyze the role of government and unions in achieving workplace efficiency, equity, and voice.

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Definitions:

Drawing blood

The process of extracting blood from a vein, usually for diagnostic testing.

Hibiclens

An antiseptic and antimicrobial skin cleanser that is effective in killing bacteria, viruses, and fungi.

Hydrogen peroxide

A chemical compound with the formula H₂O₂, commonly used as an oxidizer, bleaching agent, and antiseptic.

Venipuncture

The puncture of a vein with a needle for the purpose of drawing blood.