Question $4(6$ marks$)$

Considering the recent exit of Barloworld from its joint venture with Zimplow and the subsequent steps taken to establish Barloworld Zimbabwe as the sole distributor of CAT equipment in Zimbabwe, analyse the termination process by addressing the aspects listed below. Consult two additional academic sources to strengthen your answer.

a$)$ Timing: How should Barloworld have approached the timing of the termination in relation to the existing joint venture agreement with Zimplow?

b$)$ Relationship Aspects: What strategies could Barloworld implement to maintain a positive organisational attitude and tone during the termination process?

c$)$ Legal Considerations: Identify and discuss the key legal considerations that Barloworld must have taken into account when terminating the joint venture with Zimplow.

Provide a detailed analysis of each aspect, supporting your arguments with relevant examples from the case study and theoretical concepts. Consider the implications of these factors on the future relationships between Barloworld, Zimplow, and other stakeholders