Question: Global organizations need to make the basic decision regarding their level of involvement and control in the foreign markets. Also, the method of payment is

Global organizations need to make the basic decision regarding their level of involvement and control in the foreign markets. Also, the method of payment is important based on several factors such as currency availability, creditworthiness of the buyer, and the sellers relationship to the buyer. a) Protons partnership with Zhejiang Geely Holding Group (Geely) in 2017 led to the Chinese company acquiring a 49.9% stake in the national carmaker. This joint venture (JV) exercise led to the birth of Proton X70 in Dec, 2018. Discuss the advantages and disadvantages of JV to both companies.

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