Corporate Strategy

1:

Thompson and strickeland say that the use of joint venture as a strategic alternative is becoming popular, because

A.

It is a more flexible and adaptable to rapidly changing technological and market conditions than a formal joint venture

B.

It can readily accommodate multiple partners

C.

It provides a favoured mechanism to take strategically important diversification opportunities

D.

All of the above

 

Answer : D

Explanation :

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Option: A

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