Joint ventures, political risks and market imperfections

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Are American joint ventures with an overseas partner tantamount to embracing risk? How is leadership’s need for control affected by the risk strategy it employs for its overseas venture and its risk management core competencies?

Which political risks might an organization guard against? What strategies might you put in place to mitigate political risks for your organization? Why?

How may large international firms take advantage of market imperfections? What are the firm’s main competitive advantages? Explain.

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