When a company sets up overseas operations,independent of foreign partners or governments,they have established

Name: When a company sets up overseas operations,independent of foreign partners or governments,they have established
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A wholly owned subsidiary is a type of foreign direct investment where a company establishes operations in a foreign country and owns 100% of the shares. This means they have full control over the operations without any involvement from foreign partners or governments.

When a Company Sets Up Overseas Operations,independent of Foreign Partners