Establishing a _____ gives the firm a 100 percent share in the profits generated in a foreign market.
A)franchise
B)licensing relationship
C)joint venture
D)wholly owned subsidiary

Question

Quizplus · Accepted Answer

In a wholly owned subsidiary,the firm owns 100 percent of the stock.Therefore,establishinga wholly owned subsidiary gives the firm a 100 percent share in the profits generated in a foreign market.

Establishing a _____ Gives the Firm a 100 Percent Share