What Is Meant by the Term "Wholly Owned Subsidiary?" Under

question 18

Essay

What is meant by the term "wholly owned subsidiary?" Under what circumstances is the establishment of a wholly owned subsidiary an appropriate foreign entry strategy?

---

Definitions:

Fairness

The quality of making judgments that are free from discrimination or dishonesty, ensuring impartial and equitable treatment for all.

Home Bound

A situation where a person is unable to leave their home without assistance due to underlying health conditions or physical limitations.

Chronic Lung Problems

Long-term respiratory conditions that persistently impair lung function, such as asthma, COPD, and fibrosis.

Arthritis

A condition characterized by inflammation of the joints, leading to pain and stiffness.