Illustrates about drawbacks of joint ventures and alliances

Question

Illustrates about the drawbacks of joint ventures and alliances?

Answer 1

Some of the drawbacks of joint ventures and alliances contain:

i. cultural and Language barriers.

ii. Decision making in a timely manner.

iii. Effectual collaboration in competitively sensitive regions.

iv. Clashes of culture and egos.

v. Becoming overly dependent on another company for necessary capabilities and expertise over the long term.