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What is an example of joint ventures for indirect control/influence?

a) Isolating the organization from external partnerships.
b) Collaborating with other organizations to share uncertainties.
c) Ignoring collaboration opportunities.
d) Controlling the entire market independently.

User Tom Lehman
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Final answer:

Collaborating with other organizations to share uncertainties is an example of joint ventures for indirect control/influence. General partnerships are a related concept where stakeholders share both responsibilities and profits. Companies come together in joint ventures to manage risks, share resources, and potentially gain joint influence in their industry.

Step-by-step explanation:

An example of joint ventures for indirect control/influence is b) Collaborating with other organizations to share uncertainties. This business strategy, as opposed to isolating the organization, ignoring collaboration, or controlling the market independently, involves working with other firms to share risks, resources, and expertise in uncertain environments.Such collaborative efforts can be seen in general partnerships, as well. General partnerships involve two or more individuals owning and operating a business together, sharing both the responsibilities and the profits. This type of working arrangement is indicative of joint effort and shared influence over business decisions and outcomes.Around the world, governments sometimes exert control over what they consider key industries, restricting competition. However, within these industries, joint ventures might take place to share the costs associated with innovation, regulation, or market uncertainties. By doing so, companies within these industries can gain indirect control or influence without bearing the full brunt of risks involved.In the context of corporations, the reason they might join in an association includes a combination of factors like strength in numbers, addressing common issues, and benefitting from governmental policies, according to the strength in numbers principle.

User Ji Yalin
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