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Business Strategy MCQs

In which situation would a joint venture make the most sense?

A successful company that specializes in high end cat food with little market share and a successful company that specializes in low grade cat food with plenty of market share

A very competive industry in which one competitor wants to try something new and brings in another competitor to make the process is smoother

A telecommunications company who wishes to expand its network coverage and a competitor who owns several cell phone towers

A traditional software company that wants to expand into retail and a marketing company who specializes in retail sales

Answer

Correct Answer: A traditional software company that wants to expand into retail and a marketing company who specializes in retail sales

Explanation:

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