If a firm decides to become involved in overseas manufacturing, it has two options: (1) wholly owned subsidiary and (2) joint venture.

Name: If a firm decides to become involved in overseas manufacturing, it has two options: (1) wholly owned subsidiary and (2) joint venture.
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There are more options for a firm to become involved in overseas manufacturing, including licensing, franchising, exporting, and forming strategic alliances, in addition to wholly owned subsidiaries and joint ventures.

If a Firm Decides to Become Involved in Overseas Manufacturing