Examlex
According to the text, a company that wishes to own a foreign subsidiary outright may:
Ex Officio Seat
A position held by virtue of an office or position, granting the holder membership and possibly voting rights in a body or organization.
Board
A group of individuals elected or appointed to oversee the activities and governance of an organization, making key decisions and setting policies.
Virtue
The quality of being morally good or righteous.
Organizational Model
A schematic representation of how an organization structures its operations, resources, and communication pathways.
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