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Explain the potential issues that could occur in establishing an international joint venture.
Extrinsic Benefits
Advantages or rewards that come from external sources, such as pay, praise, or awards, rather than from the enjoyment of the activity itself.
Hierarchy Of Needs
A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in that order.
Abraham H. Maslow
An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.
Physical Needs
Basic human requirements for survival and well-being, such as food, water, shelter, and sleep.
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