Establishing a wholly owned subsidiary in a foreign country can be done:
A)through a turnkey operation or through a licensing agreement.
B)through franchising or through licensing.
C)by setting up a new operation or by acquiring an established firm.
D)by establishing a firm that is jointly owned by two or more independent firms.

Question

Quizplus · Accepted Answer

Establishing a wholly owned subsidiary in a foreign market can be done two ways.The firm either can set up a new operation in that country,often referred to as a greenfield venture,or it can acquire an established firm in the host nation and use that firm to promote its products.

Establishing a Wholly Owned Subsidiary in a Foreign Country Can