Which of the Following Is an Advantage of Joint Ventures

question 84

Multiple Choice

Which of the following is an advantage of joint ventures as a mode of entry into foreign markets?

• A)The foreign firm benefits from a local partner's knowledge of the host country.
• B)The foreign firm can protect its technology from being appropriated by its local partner.
• C)There is less cause for friction and conflict between the foreign and local partners.
• D)It gives a firm tight control over subsidiaries,which enables it to realize experience curve or location economies.
• E)The foreign firm does not have to bear any development costs and risks associated with opening a foreign market.

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Definitions:

Strike Replacements

Workers hired by employers to perform the duties of striking employees during a labor strike.

Organized Labor

Constitutes labor unions and labor organizations that aim to improve workers' conditions, wages, and rights through collective action and negotiation.

NLRA

The National Labor Relations Act, a foundational statute in United States labor law that protects the rights of employees to organize and bargain collectively.

Deregulating NLRA

The process of reducing or removing government regulations within the National Labor Relations Act, aimed at fostering more flexibility in employer-employee relations.