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.

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The Answer of 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.

A Canadian Developer of Software for Automated Coal Mining Equipment