Most service firms have found that _____ with local partners work best for controlling subsidiaries.

Name: Most service firms have found that _____ with local partners work best for controlling subsidiaries.
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Question

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The subsidiaries may be wholly owned or joint ventures, but most service firms have found that joint ventures with local partners work best for the controlling subsidiaries. A joint venture is often politically more acceptable and brings a degree of local knowledge to the subsidiary.

Most Service Firms Have Found That _____ with Local Partners