Mastering Joint Ventures
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Questions and Answers

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?

  • Tax benefits
  • Economies of scale
  • Market dominance
  • Complementary skills (correct)
  • 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?

    <p>16 crore</p> Signup and view all the answers

    What was the distinctive competence brought by Hero Honda's partners?

    <p>Distribution and service network</p> Signup and view all the answers

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