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A Canadian developer of software for automated coal mining equipment has been approached by a Chinese mining conglomerate with an offer to cooperate on adapting the software to the Chinese market.If the Canadian company agreed to work with the Chinese company, they would have to reveal the software's source code (the source code is the key to software and is used to protect proprietary technology).The sales department is strongly in favour of entering into an agreement, but the CEO is afraid that the company will lose control of its technology.Prepare a recommendation for the CEO with the pros and cons of the joint venture.
External Locus Of Control
The belief or perception that one's success or failure is determined by external forces or events, rather than one's own efforts or abilities.
Internal Locus Of Control
the belief that one can control one's own destiny and outcomes through personal actions and decisions, rather than external forces.
Authoritarianism
The degree to which a person tends to defer to authority.
Interpersonal Status Differences
Variations in the ranking or standing among individuals within a social group, often influencing their interactions and relationships.
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