Explain how organizational culture could affect the failure or success of a joint venture or strategic alliance between two companies.

One of the challenges facing companies involve in joint venture is adapting to a new organizational culture. There are some examples, like the Time/Warner joint venture, where at some point both companies realized it would not work. This will be the subject for discussion.

Please respond to all of the following prompts:

Explain how organizational culture could affect the failure or success of a joint venture or strategic alliance between two companies.

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