A business that is owned by a parent company located in a foreign country is referred to as a foreign:

Question

Quizplus · Accepted Answer

A subsidiary is a company that is owned and controlled by another company, which means that the parent company is the majority shareholder. This is the case when a business is owned by a parent company located in a foreign country. A licensee is a company that has been given permission by another company to use its products, services, or intellectual property. A franchisee is a company that has been granted the right by another company (the franchisor) to operate a business using the franchisor's trademarks, products, and operating systems. An entity is a general term used to refer to any organization, such as a business, corporation, or partnership.

A Business That Is Owned by a Parent Company Located