Question: Identify a true statement about alliances and joint ventures. They pose few managerial challenges to firms. They are likely to be less favored as a

Identify a true statement about alliances and joint ventures.
They pose few managerial challenges to firms.
They are likely to be less favored as a means of doing business in emerging countries.
They fail to help partners overcome the effects of local collusion or limits being put on foreign competition.
They have become popular in recent years because of the significant operational benefits they offer to both multinational companies (MNCs) and their local partners.
Identify a true statement about alliances and joint ventures. They pose

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