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3 Indica Pharmaceuticals engages in joint ventures with other companies, which has the advantage of pooling resources and risks but also carries the risk of

3 Indica Pharmaceuticals engages in joint ventures with other companies, which has the advantage of pooling resources and risks but also carries the risk of cultural/capability misfits and differing profit expectations between the two companies. Indica assesses cultural misfit as one of its most significant risks. Which statement about risk is likely to be best understood by decision makers? 1 point A joint venture has a 25% chance of failing due to cultural or capability misfits. A joint venture has a 25% chance of negative ROI due to cultural or capability misfits. 1-out-of-4 joint ventures fails due to cultural or capability misfits. 1-out-of-4 joint ventures has negative ROI due to cultural or capability misfits

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