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Which of the following is instrumental in increasing the probability of a joint venture's success? Question 5 options: The duplication of facilities or functions is

Which of the following is instrumental in increasing the probability of a joint venture's success? Question 5 options: The duplication of facilities or functions is eliminated, and any unwanted business units are divested. The companies share complementary skills or distinctive competencies. Companies have a strong competency in the R&D unit and devote funding for continuing research. There is large-scale entry. The companies' bidding strategy is well-developed and timed correctly

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