Which of the following methods of entering global competition best allows a company to have operations in other countries and maintain tight control over them?
A)exporting
B)licensing
C)a joint venture
D)franchising
E)a wholly owned subsidiary

Question

Quizplus · Accepted Answer

A wholly owned subsidiary allows a company to have complete control over operations in other countries. This method involves establishing a new entity in the foreign country, which is wholly owned and controlled by the parent company. It allows the parent company to maintain tight control over all aspects of the subsidiary's operations, including management, marketing, and financing. This can be a particularly effective strategy for companies looking to expand into new markets while maintaining centralized control over their operations.

Which of the Following Methods of Entering Global Competition Best