A joint venture is an attractive way for a company to enter a new industry when: Select

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A joint venture is an attractive way for a company to enter a new industry when: Select one:

a. The firm has no prior experience with in diversification.

b. The firm needs access to economies of scope and good financial fits in order to be cost-competitive.

c.The firm does not have cash with which to finance a diversification effort.

d. A firm is missing some essential skills or capabilities resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps

Related Book For answer-question

Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Dec 13, 2022 11:20 AM

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A joint venture is an attractive way for a company to enter a new industry when: Select

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Answer Option D Explanation The Joint venture as a strategy to enter new ... View the full answer

Smith and Roberson Business Law

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