Business Studies

Everything is an advantage of joint ventures except ________.


Answer & Solution

management of the joint venture will lead to disagreements.


SOLUTION
Although joint ventures avail the benefit of reduction in cost, easy entry in overseas market etc., management of joint ventures lead to disagreement due to conflict in the thoughts of the parties involved. Small disagreement may prove healthy for the business as it will force management to evaluate its decision more carefully but if all parties are regularly not satisfied joint venture may lead to failure.
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Single Correct Medium Published on 18th 08, 2020
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