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This is side b of tape 3, from the luncheon of the Annual Drucker Symposium of 1990. Drucker discusses three necessities for global joint ventures. First, the need for clear objectives. Second, joint ventures require clear basic policy. According to Drucker, joint ventures between American and Japanese companies often have problems due to incompatible personnel policies. Finally, there needs to be a provision built into the first agreement for the arbitration of differences.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 New York University. Graduate School of Business Administration Lectures and lecturing Joint ventures Global economy and development Japan Annual Drucker Symposium
Original cassette tape: Drucker Archives; Box 68, Audio Recordings, Cassette Tapes, 3 Drucker 4/25/90 AM: #3 side b