Which of the following methods of entering global competition best allows a company to have operations in other countries and maintain tight control over them?
A)Exporting
B)Licensing
C)Joint Venture
D)Franchising
E)Wholly owned subsidiary

Question

Quizplus · Accepted Answer

Establishing a wholly owned subsidiary, which is an independent company owned by the parent corporation, gives the parent tight control over operations in other countries, which is necessary if the company chooses to pursue a global strategy.

Which of the Following Methods of Entering Global Competition Best