In a Wholly Owned Subsidiary, the Foreign Business

question 304

Multiple Choice

In a wholly owned subsidiary, the foreign business:

• A) owns at least half the operation
• B) owns the whole operation
• C) cannot own more than 25% of the operation
• D) produces the goods in a home country and then exports them
• E) none of the other choices are correct

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Definitions:

Power Distance

This term refers to the degree to which individuals in a society accept and expect power to be distributed unequally.

National Culture

The shared values, norms, behaviors, and artifacts of a nation's inhabitants that distinguish it from other nations.

Geert Hofstede

A Dutch social psychologist known for his research on cross-cultural groups and organizations, notably for pioneering the study of cultural dimensions affecting work behavior.

International Human Resource Management

the management of human resources in an international context, including understanding and managing diverse workforces across different cultures.