New companies with sales, employees, and financing in different countries that are found with an active global strategy are called__________ .
A) global new ventures
B) strategic alliances
C) wholly owned affiliates
D) franchisees
E) subsidized corporations

Question

Quizplus · Accepted Answer

Global new ventures are companies that have sales, employees, and financing in different countries and are actively pursuing a global strategy. This term specifically refers to startups or new companies that have a global outlook from the outset, rather than traditional companies that are expanding internationally. Strategic alliances are partnerships between two or more companies that work together on a specific project or initiative. Wholly owned affiliates are subsidiaries that are fully owned by a parent company, while franchisees are independent businesses that operate under a franchisor's brand and business model. Subsidized corporations receive financial support from the government.

New Companies with Sales, Employees, and Financing in Different Countries