Which of the following is a disadvantage of joint ventures as a mode of entry into foreign markets? a) in many countries, political considerations make joint ventures impractical as an entry modeb) joint ventures with local partners face a high risk of being subjected to government interferencec) the foreign firm cannot rely on its local partner for unbiased information about the host countryd) firms engaged in joint ventures have short term commitments in the foreign markete) joint ventures can lead to conflicts and battles for control between the investing firms

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.