Business entities in foreign countries controlled by parent transnational corporations are known as:
A) foreign affiliates.
B) indigenous producers.
C) domestically owned firms.
D) parent firms.

Question

Quizplus · Accepted Answer

Business entities in foreign countries that are controlled by parent transnational corporations are called foreign affiliates. Indigenous producers refer to locally owned and operated businesses, while domestically owned firms are not necessarily controlled by a transnational parent company. Parent firms are the controlling company, regardless of the location of their subsidiaries.

Business Entities in Foreign Countries Controlled by Parent Transnational Corporations