Question: what are the advantage and disadvantage of joint venture?
Answer: 1 – Vague objectives. ... 
2 – Flexibility can be restricted. ... 
3 – There is no such thing as an equal involvement. ... 
4 – Great imbalance. ... 
5 – Clash of cultures. ... 
7 – A lot of research and planning are necessary. ... 
8 – It may be hard for you to exit the partnership as there is a contract involved.