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Scenario: Global Manufacturing, Inc. (GMI)
GMI is a fast-growing U.S. company that wants a production system that makes each of its product's two components in the location where the cost of production is lowest. The components will then be taken to maquiladoras for final assembly. GMI purchased an existing company in Brazil to produce component A and built a subsidiary in Thailand to produce component B.
-GMI's subsidiary for component B in Thailand can be best described as a(n) ________.
Real Estate Transactions
The process of transferring property rights from one party to another, which can involve buying, selling, leasing, or renting of land or buildings.
Law Firm
A business enterprise formed by one or more lawyers to engage in the practice of law, providing legal services to clients.
Corporation
A legal entity that is separate and distinct from its owners, which can own property, enter into contracts, sue and be sued.
Document-Creation Skills
The ability to create written documents effectively and efficiently, often involving the use of computer applications and understanding of formatting and content organization.
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