When a Company Sets Up Its Own Overseas Operations, Independent

question 102

Multiple Choice

When a company sets up its own overseas operations, independent of foreign partners or governments, it has established a(n)

• A) Purely global strategy.
• B) Competitive venture.
• C) Wholly owned subsidiary.
• D) Independent venture.
• E) Multinational contract.

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Definitions:

Systematic View

An approach that looks at things as a whole rather than focusing on individual parts, emphasizing the interactions and relationships between components.

Highly Concrete

Describes something that is tangible, definite, and has a physical form or is clear and specific in manifestation or expression.

Highly Abstract

Pertaining to ideas or concepts that are complex, theoretical, and not connected to concrete experiences or physical objects.

Concept

A general idea or understanding that is not specific but can form the foundation of thought or knowledge.