based on what you know about the risks and costs associated with entering a new industry, why would you choose to create a joint venture with chery automobile? a. chinese demand for western brands is growing and having a joint venture with chery automobile lessens some of the risk for jaguar-land rover b. a joint venture with chery automobile provides significant cost savings to jaguar-land rover. the vehicles are produced and sold in the same market, cutting down on production and shipping costs. c. china has a large population and a growing upper class population. having a joint venture with chery automobile allows jaguar to gain market share in china.