A __________ is a local operation completely owned by a foreign company.

Question

Quizplus · Accepted Answer

A foreign subsidiary is a local operation that is completely owned by a foreign company. This means that the foreign company has complete control over the subsidiary's operations and decisions. A foreign partnership is an association between two or more foreign entities, while a franchise and licensee are both types of business arrangements that allow one party to use another party's brand, products or services.

A __________ Is a Local Operation Completely Owned by a Foreign