McDonald's Canada, GM Canada, and IBM Canada are all examples of U.S. __________ operating in Canada.

Question

Quizplus · Accepted Answer

These companies are examples of U.S. subsidiaries operating in Canada, meaning that they are legally distinct entities from their parent companies in the U.S. but are still majority-owned by them. Joint ventures involve two or more companies collaborating to create a separate entity, while strategic alliances involve a partnership between companies for a specific project or purpose. Transnational ventures refer to companies that operate in multiple countries with a decentralized structure, and franchises involve licensing a business model and brand name to independent operators.

McDonald's Canada, GM Canada, and IBM Canada Are All Examples