Question: bled: Test # 1 Chapters 1 - 3 Companies may have several reasons for creating joint ventures. Which statement is one reason why firms may

bled: Test #1 Chapters 1-3
Companies may have several reasons for creating joint ventures. Which statement is one reason why firms may decide to form a joint venture?
Multiple Choice
These arrangements are always less risky than strategic alliances.
They may wish to contract manufacture with each other.
They will save time to market if they pool their technological know-how
These arrangements rely solely on local marketing and management expertise.
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