Asked by
hamilton trimble
on Oct 22, 2024
Verified
A(n) ___ is a local operation completely owned and controlled by a foreign firm.
A) franchise
B) sweatshop
C) foreign subsidiary
D) global strategic alliance
E) export house
Foreign Subsidiary
A company that is owned or controlled by another company, known as the parent company, but operates in a country different from where the parent company is established.
- Acquire an understanding of the relevance and mechanisms underpinning foreign direct investment.
Verified Answer
AS
Learning Objectives
- Acquire an understanding of the relevance and mechanisms underpinning foreign direct investment.
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