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unit 4
reasons for global mergers or joint ventures
Advantages / disadvantages of joint ventures
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Cards (2)
Advantages of joint ventures?
Access to
knowledge
and
resources
such as capital ,
staff
and
technology
Shared
exposure to
risks
, financial
responsibility
and
workload
Access
to new
opportunities
such as
new
markets
Disadvantages of joint ventures?
A
large
number of
joint
ventures
fail
due to
risks
involved and
complexity
of work
culture
Risk
of a
clash
of organisational
cultures
- particularly in
terms
of
management
style
