A(n) _____ is an organizational form that focuses strictly on the country in which the organization has entered.

Question

Quizplus · Accepted Answer

A wholly-owned subsidiary is a form of organizational structure where the company sets up a new entity that is a separate legal entity from the parent company. In this form, the parent company has complete control over the subsidiary's operations, and the subsidiary is required to follow the laws and regulations of the country in which it operates. This allows the parent company to focus solely on the operations in that specific country.

A(n) _____ Is an Organizational Form That Focuses Strictly on the Country