Apply any one class concept related to power, negotiation, organizational structure, or globalization to the case. Consider to what extent the current problems with the joint venture are due to the way the original agreement with Liu was negotiated, the way the new venture was structured, and/or the globalized nature of the venture.

For the Shenzhen Filtroil case note, please do the following:1.) Apply any one class concept related to power, negotiation, organizational structure, or globalization to the case. Consider to what extent the current problems with the joint venture are due to the way the original agreement with Liu was negotiated, the way the new venture was structured, and/or the globalized nature of the venture. Use specific and detailed evidence from the case to support your points.2.) There are 4 options laid out at the end of the case that the partners are considering. Choose one of the options and briefly explain (in a few sentences) why you recommend it.Remember to proofread your work for the following: clarity, spelling, grammar, punctuation, word usage etc. Don’t rely on spellcheck.