Question

4. Why are global enterpr
organisations?
5. What are the benefits of entering into joint ventures?​

Answer 1

Answer:

4.Global enterprises are considered superior to other business organisations because: Advanced Technology: MNCs use advanced and sophisticated technology in their production process. Huge wealth: MNCs have huge physical and financial assets. It keeps on increasing with increase in network of operation

5. Benefits of joint ventures include:

1. access to new markets and distribution networks.

2.increased capacity.

3.sharing of risks and costs (ie liability) with a partner.

4.access to new knowledge and expertise, including specialised staff.

5.access to greater resources, for example technology and finance.