Question at position 16 When entering a Joint Venture with a capital partner, you want to make sure your business plans and vision align.TrueFalse

Question

BlackTom AI · Accepted Answer

When entering a Joint Venture with a capital partner, it is important to evaluate alignment of business plans and vision between parties. 
Option 1: True. This statement asserts that alignment of plans and vision is something to verify, and in practice, it is essential to ensure strategic objectives, market approach, and long‑term goals are compatible to avoid conflicts later on. It supports proactive governance and reduces risk by surfacing differences early. 
Option 2: False. Saying that alignment isn’t necessary would imply proceeding without shared objectives, which can lead to misaligned priorities, scope creep, and disagreements about execution, making the venture less likely to succeed. 
In summary, the logic behind considering alignment is that complementary or synchronized visions help coordinate decisions, allocate resources effectively, and establish a common path forward. Conversely, lacking alignment tends to introduce friction and strategic divergence that can erode value for both partners.

Question at position 16 When entering a Joint Venture with a capital partner, you want to make sure your business plans and vision align.TrueFalse

View Explanation

Log in for full answers

Similar Questions

At the beginning of a joint venture (labeled the “shakeout phase”), both firms face a crisis of identity during which they need to figure out for whom they work and how to deal with uncertainty.

The most typical joint venture is a ________ venture.

A joint venture is often politically more acceptable than a wholly owned subsidiary and brings a degree of local knowledge to the subsidiary.

If a firm’s core competence is proprietary technological knowledge, a joint venture is preferable.

4. What is the definition of a "joint venture" in terms of theatrical producing?

Which one of the following is a key advantage of a joint venture?

One advantage of joint ventures is that

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler