A subsidiary in a foreign country generally operates under
A) the laws of the parent company's home country.
B) foreign management in order to develop a local identity.
C) strict management control from the home country's executives.
D) the regulations set forth by the International Trade Agreement.
E) a team of managers from the distant parent company.

Question

Quizplus · Accepted Answer

Subsidiaries in foreign countries often operate under foreign management to better adapt and integrate into the local market, understanding and meeting local consumer needs more effectively. This approach helps the subsidiary develop a local identity, which can be crucial for its success in the foreign market.

A Subsidiary in a Foreign Country Generally Operates Under