A Foreign Subsidiary Is

question 24

Multiple Choice

A foreign subsidiary is:

• A) an extension of the parent and is not an independently incorporated firm separate from the parent.
• B) an affiliate organization of the MNC that is independently incorporated in the foreign country, and one in which the U.S. MNC owns at least 51 percent of the voting equity stock.
• C) either a minority foreign subsidiary (an uncontrolled foreign corporation) or a controlled foreign corporation.
• D) None of these.

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Definitions:

Diaphragm

A dome-shaped, muscular partition separating the thorax from the abdomen in mammals, playing a major role in breathing.

External Intercostals

Muscles located between the ribs that assist with the mechanics of breathing by elevating the ribcage.

Gastrocnemius

A major calf muscle that plays a crucial role in walking, running, and jumping, flexing the leg at the knee and foot.