Answer:
d. A firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.
Explanation:
When two or more firms dealing in the same type of business comes in a contract to enter in the new market because one firm is not able to achieve its targeted sales so for that the company wants to fill those resource gaps which benefited both the company to accomplish its goals and objectives
As to achieve the organization objectives, the work should be done efficiently so that there should not be any problem arise which results in failure of those objectives. That's why the joint venture is necessary
