The Big Advantage of Establishing A(n)_____ in a Foreign Country

question 66

Multiple Choice

The big advantage of establishing a(n) _____ in a foreign country is that it gives the firm a much greater ability to build the kind of subsidiary company that it wants.

• A)acquisition
• B)merger
• C)licensing
• D)greenfield venture

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Definitions:

Educational Software

Computer applications designed specifically to assist with teaching and learning. They include a wide range of academic subjects and skills.

Unlimited Liability

A legal condition where a business owner or partner can be held personally responsible for the debts and obligations of the business without any limit.

Limited Partner

An investor in a partnership who is not involved in the day-to-day operations and whose liability is restricted to the amount of their investment.

Contaminated Food

Food that has been corrupted by harmful bacteria, viruses, or substances, making it unsafe for consumption.