When a company wishes to communicate technical, up-to-date information from the parent firm to the subsidiary, the routing of this information is called:

Question

Quizplus · Accepted Answer

Technology transfer refers to the process of sharing technical knowledge, expertise, and information from the parent firm to the subsidiary. This is done to help the subsidiary stay up-to-date with the latest technical advancements and improve their products/services.

When a Company Wishes to Communicate Technical, Up-To-Date Information from the Parent