Which of the Following Is a Disadvantage of Joint Ventures

question 63

Multiple Choice

Which of the following is a disadvantage of joint ventures as a means to acquire new technology?

• A) It is the most expensive and time-consuming way to develop new technology.
• B) It makes a firm solely dependent on its internal development capabilities.
• C) Coordination costs can be high and organizational cultures can clash, limiting the outcomes.
• D) Purchase of a company can be expensive.
• E) It fails to establish a new company.

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Definitions:

Price of the Automobile

The financial cost or value at which a vehicle is offered for sale, determined by factors like brand, model, features, and market demand.

Mercedes-Benz

A global automobile brand known for luxury vehicles, buses, coaches, and trucks.

Convert Technique

A method or approach used to change someone's beliefs, behavior, or perception towards a product, idea, or another entity.

Postpone

The action of delaying or deferring an event or arrangement to a later time.