Complete managerial control over day-to-day operations is an advantage of the wholly owned subsidiary entry mode.

Question

Quizplus · Accepted Answer

Wholly owned subsidiary entry mode involves the establishment of a new company or the acquisition of an existing company by a parent company. In this mode, the parent company has complete control over the day-to-day operations of the subsidiary. This allows the parent company to ensure that its standards and policies are followed effectively, and it also enables a more streamlined decision-making process. Therefore, the statement is true.

Complete Managerial Control Over Day-To-Day Operations Is an Advantage of the Wholly