The textbook's description of the international expansion of Edmonton-based engineering firm Stantec Inc.is a good example of expansion through
A) joint venture.
B) strategic alliance.
C) wholly owned subsidiary.
D) franchising operation.

Question

Quizplus · Accepted Answer

The textbook describes Stantec's international expansion as setting up wholly owned subsidiaries in different countries, such as the UK, Mexico, and Qatar. Therefore, the best choice is C - wholly owned subsidiary.

The Textbook's Description of the International Expansion of Edmonton-Based Engineering