A Foreign Firm That Is 20% to 49% Owned by a Parent

question 7

Multiple Choice

A foreign firm that is 20% to 49% owned by a parent is called a/an:

• A) subsidiary.
• B) affiliate.
• C) partner.
• D) rival.

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Definitions:

Financial Support

Monetary assistance provided to individuals, organizations, or governments to help them meet their financial needs or goals.

Closed Membership

Closed Membership implies a restricted entry system where members are admitted based on certain criteria, and new entries are limited or require special admission processes.

Developmental Stages

refer to the various phases individuals pass through as they grow and mature, each stage characterized by unique physical, cognitive, and emotional development.

Cohesion

The degree to which members of a group are united in pursuing their goals and how well they bond with each other.