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

Question

Quizplus · Accepted Answer

A foreign subsidiary is a local operation that is owned and controlled by a foreign firm. The other options - franchise, sweatshop, global strategic alliance, and export house - do not necessarily involve full ownership and control by a foreign firm.

A(n) _____ Is a Local Operation Completely Owned and Controlled