A Drawback of Joint Ventures Is That They Are Characterized

question 13

Multiple Choice

A drawback of joint ventures is that they are characterized by

• A) involuntary mergers.
• B) double reporting lines.
• C) contractual agreements rather than ownership.
• D) weak ties between alliance partners.

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Definitions:

Reduce Hostility

Efforts or techniques aimed at decreasing tension and antagonism between parties in a conflict or negotiation.

Facilitative ADR

A form of alternative dispute resolution where a neutral third party helps disputing parties find a mutually acceptable solution.

Difference Splitting

A negotiation method where the parties involved agree to divide the disputed amount or difference equally or in a mutually acceptable manner.

Hard-Line Position

A firm and uncompromising stance taken during negotiations or disputes, where little to no concession is offered.