Asked by
ZainAb KainTh
on Oct 22, 2024Verified
Which one of the following forms of international business transactions represent investments in a local operation that is completely owned and controlled by a foreign firm?
A) a franchise
B) a multinational corporation
C) management contracts
D) foreign subsidiaries
E) joint ventures
Foreign Subsidiaries
Companies owned or controlled by another company, often located in a different country than the parent corporation.
Multinational Corporation
A company that operates in several countries but has its headquarters in one country.
- Characterize the variances among different international business engagements, such as exporting, importing, licencing, franchising, and direct investments.
- Understand the significance and mechanisms of foreign direct investment.
Verified Answer
LC
Learning Objectives
- Characterize the variances among different international business engagements, such as exporting, importing, licencing, franchising, and direct investments.
- Understand the significance and mechanisms of foreign direct investment.
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