question from karen to me

Project Description:

i noticed in your post that you indicated that one of your firm’s risk management strategies include entering into joint venture arrangements with competitors. while i see how this could be a risk mitigation strategy, could it not also create new risks for your firm? specifically, i am thinking of the reputational risk that you identified. if you end up in a jv where your partner does things that your firm would not want to be connected with, yet are outside of your control, this can certainly have a potential negative effect on your reputation.
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Price Type: Negotiable

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