Crispy Chips Inc.is considering an expansion into the United States.Jeff Arthur,the CEO,is not sure how to structure this new venture and would like some general information before he meets with his accountant and lawyer.
Required:
Write a memo to Jeff,informing him of the two fundamental approaches he can take to conduct his foreign operations (branch and subsidiary corporation); listing two advantages and two disadvantages of both approaches.

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The Answer of Crispy Chips Inc.is considering an expansion into the United States.Jeff Arthur,the CEO,is not sure how to structure this new venture and would like some general information before he meets with his accountant and lawyer.
Required:
Write a memo to Jeff,informing him of the two fundamental approaches he can take to conduct his foreign operations (branch and subsidiary corporation); listing two advantages and two disadvantages of both approaches.