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Questions and Answers
Which two companies formed the Hero Honda Joint Venture?
Which two companies formed the Hero Honda Joint Venture?
- Hero Cycles and Honda (correct)
- Hero Cycles and Hero Honda
- Hero Honda and Honda
- Hero Honda and Hero Cycles
What advantage do joint ventures aim to achieve?
What advantage do joint ventures aim to achieve?
- Tax benefits
- Economies of scale
- Market dominance
- Complementary skills (correct)
Why was joint venture a common mode of entry in India before liberalisation?
Why was joint venture a common mode of entry in India before liberalisation?
- To meet government requirements (correct)
- To share resources and reduce costs
- To gain access to government subsidies
- To avoid competition with local players
What was Hero Honda's equity when it started operations in 1984?
What was Hero Honda's equity when it started operations in 1984?
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What was the distinctive competence brought by Hero Honda's partners?
What was the distinctive competence brought by Hero Honda's partners?
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