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Which of the following is a disadvantage of a joint venture?Multiple choice question.Knowledge shared with the new partner could be misappropriated by opportunistic behavior.Control over partner selection and alliance formation is essentially nonexistent.The government is typically overbearing in terms of support and guidance.Strong ties, trust, and commitment develop between the partners.

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Which of the following is a disadvantage of a joint venture?Multiple choice question.Knowledge shared with the new partner could be misappropriated by opportunistic behavior.Control over partner selection and alliance formation is essentially nonexistent.The government is typically overbearing in terms of support and guidance.Strong ties, trust, and commitment develop between the partners.

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Solution

The disadvantage of a joint venture from the options provided is: "Knowledge shared with the new partner could be misappropriated by opportunistic behavior." This is because in a joint venture, both parties share sensitive information that could be misused if one party acts in bad faith.

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