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The concept of tangibility helps the manager to:
Foreign Subsidiaries
Companies owned or controlled by another company, often located in a different country than the parent corporation.
Multinational Corporation
A company that operates in several countries but has its headquarters in one country.
Foreign Direct Investment
Investment by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.
Insourcing
involves bringing processes or services back in-house, which were previously outsourced to external companies.
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