The formal establishment of business operations on foreign soil,such as factories,sales offices,or branch stores,is called _____.
A)foreign direct investment
B)a joint venture
C)foreign licensing
D)a strategic alliance

Question

Quizplus · Accepted Answer

Foreign direct investment (FDI) refers to the investment in business operations in a foreign country, such as establishing factories, sales offices, or branch stores. It involves not just the transfer of funds, but the control and management of physical assets in another country.

The Formal Establishment of Business Operations on Foreign Soil,such as Factories,sales