1. What is a joint venture?
2. If you were an executive at Jaguar-Land Rover, why might a joint venture be a safer option over another entry mode?
3. By entering into a joint venture with Chery' Automobile, Jaguar-Land Rover will be depending on some of Chery's distinct competencies. What is one of those competencies that will aid Jaguar-Land Rover in diversifying its car manufacturing to China?