The primary disadvantage of wholly owned business is the _____.
A)dumping of products
B)countertrading of goods
C)nontariff barriers associated with buying existing businesses
D)difficulty in adjusting to a new culture
E)cost of building new operations

Question

Quizplus · Accepted Answer

The primary disadvantage of wholly owned business is the cost of building new operations. This can be a significant financial burden, as it involves not only the initial investment in building or acquiring facilities, but also ongoing costs for staffing, training, and maintaining operations. Additionally, there may be additional legal and regulatory requirements involved in setting up a wholly owned business, which can further increase costs.

The Primary Disadvantage of Wholly Owned Business Is the _____