Which of the following terms refers to an overseas business owned and controlled by two or more partners?
A) multinational enterprise
B) foreign direct investment
C) global management team
D) international joint venture

Question

Quizplus · Accepted Answer

An international joint venture is a business enterprise established and operated by two or more companies from different countries. It is an overseas business owned and controlled by two or more partners. A multinational enterprise refers to a company with operations and subsidiaries in multiple countries, while foreign direct investment is a company's investment in a foreign country through the establishment of a wholly-owned subsidiary or the acquisition of a minority stake in a local company. Global management team refers to the group of executives responsible for managing a multinational enterprise.

Which of the Following Terms Refers to an Overseas Business