A Foreign Subsidiary Over Which an Organization Has Complete Control

question 67

Multiple Choice

A foreign subsidiary over which an organization has complete control is called a:

• A) joint venture.
• B) licensing agreement.
• C) franchise.
• D) wholly owned foreign affiliate.
• E) foreign venture.

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Definitions:

Population

Group of organisms of the same species occupying a certain area and sharing a common gene pool.

Community

A group of interdependent organisms living together in a particular area.

Symbiosis

Relationship that occurs when two different species live together in a unique way; it may be beneficial, neutral, or detrimental to one or both species.

Community

A group of interacting living organisms sharing a populated environment, which can include various species in a specific area.