_____ are foreign offices, facilities, and manufacturing plants that are 100 percent possessed by the parent company.

Question

Quizplus · Accepted Answer

Wholly owned affiliates refer to foreign offices, facilities, and manufacturing plants that are completely owned by the parent company. Joint ventures are owned by two or more companies, strategic alliances are partnerships for a specific purpose or project, and business acquisitions involve purchasing another company's assets or shares.

_____ Are Foreign Offices, Facilities, and Manufacturing Plants That Are