In 2012, American animation studio DreamWorks Animation announced a joint venture with China Media Capital, Shanghai Media Group, and Shanghai Alliance Investment to create Oriental DreamWorks. Through the joint venture, DreamWorks was most likely seeking all of the following EXCEPT

shared knowledge

ease of market entry

competitive advantage

profit-sharing

Question

Ejamonkey2851 Ejamonkey2851

10-12-2019
Business

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In 2012, American animation studio DreamWorks Animation announced a joint venture with China Media Capital, Shanghai Media Group, and Shanghai Alliance Investment to create Oriental DreamWorks. Through the joint venture, DreamWorks was most likely seeking all of the following EXCEPT

shared knowledge

ease of market entry

competitive advantage

profit-sharing

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stokholm stokholm · Answer 1 · 2019-12-10T09:19:51+01:00

Answer:

profit-sharing

Explanation:

A joint venture aims for certain things which makes it easier to run the business.

It is not formed with the intention to share profit or not. It is basically providing aid to run the business with more ease.

It provides knowledge, and entry in china as one of the partners shall be a resident of china, also the international competition is decreased as the production is done in combination of different techniques and strategies of partners involved.

Although there is automatic sharing of profit, but the joint venture does not aim so, it comes in hand automatically as a feature.