_______________ is preferred to joint venture arrangements and to using foreign market agents.
A) Franchising
B) Exporting
C) Wholly owned subsidiary
D) Turnkey project
E) Merger

Question

Quizplus · Accepted Answer

Wholly owned subsidiary provides complete control over operations in a foreign market, eliminating the need to share profits or technology with partners. It also allows for greater flexibility and faster decision-making. Franchising, exporting, and turnkey projects involve sharing control or resources with other parties, while mergers are typically between companies of similar size and market share.

_______________ Is Preferred to Joint Venture Arrangements and to Using