__________ is the construction or purchase of operating facilities (subsidiaries)in a foreign country.

Question

Quizplus · Accepted Answer

Direct investment involves the construction or purchase of operating facilities (subsidiaries) in a foreign country. Joint venture involves partnering with a local company to establish a new entity, contract manufacturing involves outsourcing production to a company in a foreign country, and a conglomerate is a company that has multiple subsidiaries across different industries.

__________ Is the Construction or Purchase of Operating Facilities (Subsidiaries)in