How can a wholly owned subsidiary be established in a foreign market?
A)Through a turnkey operation with a local partner
B)Through franchising
C)By acquiring an established firm in the host nation
D)By exporting
E)Through a licensing agreement

Question

Quizplus · Accepted Answer

Establishing a wholly owned subsidiary in a foreign market can be done two ways. The firm either can set up a new operation in that country, often referred to as a greenfield venture, or it can acquire an established firm in that host nation and use that firm to promote its products.

How Can a Wholly Owned Subsidiary Be Established in a Foreign