A Firm Can Establish a Wholly Owned Subsidiary in a Country

question 44

Multiple Choice

A firm can establish a wholly owned subsidiary in a country by building a subsidiary from the ground up, called the

• A) joint venture.
• B) turnkey strategy.
• C) licensing agreement.
• D) greenfield strategy.

---

Definitions:

Seven Principles

Foundational guidelines or essential truths that govern or influence the operation or management of a system, process, or methodology.

Asset Utilization

The degree to which a company or an organization makes effective use of its assets in generating revenue or achieving its objectives.

Channel-Spanning Performance Measures

Metrics that evaluate the effectiveness and efficiency of a company across multiple distribution channels or stages of the supply chain.