Question: 1 7 5 points [ GLO 2 E ] An advantage of using international joint ventures as an entry mode in the international marketplace is:

175 points
[GLO2E] An advantage of using international joint ventures as an entry mode in the international marketplace is:
The company can now have a better understanding cas local business practices and regulations.
The company can leverage knowledge of the local partner about the local culture and consumer tastes and preferences.
The risks of entering a new market are no longer taken on solely by the company.
All of these answers are correct.
175 points [GLO2E] An advantage of using international joint ventures as

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