Why are so many companies opting for this strategy? What would be the considerations to use this strategy?

There are several ways companies can gain entry into a country to become a MNC.
One of the most common entry strategies for MNCs is the joint venture.

Why are so many companies opting for this strategy? What would be the considerations to use this strategy?

When would a fully owned subsidiary be a better choice?Political risk also can weigh heavily on a decision to move and operate into a country

Choose two countries and a specific industry. Then, describe the types of political risks associated with entering each of those countries for a company from that industry.

Is the risk associated for that company with those countries dependent on the type of entry for the company? Explain.