Asked by Yesenia Gomez on Jul 16, 2024
Verified
According to experts, global managers should _______ in order to have successful joint venture/strategic alliances?
A) learn fast
B) don't ask, don't tell
C) trade managers
D) don't compete
E) teach everyone English
Joint Venture/Strategic Alliances
Business arrangements where two or more parties collaborate on a project or business activity, sharing risks and benefits.
Global Managers
Individuals with expertise in navigating and managing business operations across diverse international markets.
- Examine the effectiveness and elements influencing the results of global partnerships.
- Pinpoint strategic management strategies in global settings.
Verified Answer
AP
ANYUSH PRIYADARSHIJul 23, 2024
Final Answer :
A
Explanation :
Learning fast is essential for global managers to cope up with the differences in culture, language, business practices, and regulations, which will help in building successful joint venture/strategic alliances.
Learning Objectives
- Examine the effectiveness and elements influencing the results of global partnerships.
- Pinpoint strategic management strategies in global settings.
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