When Nestlé Actually Owns a Subsidiary or Division in a Foreign

question 105

Multiple Choice

When Nestlé actually owns a subsidiary or division in a foreign country, such as when it established its own ice cream manufacturing operation in China, this global market entry strategy is known as __________ and represents the greatest commitment a company can make to international sales.

• A)licensing
• B)local assembly
• C)a joint venture
• D)direct investment
• E)local manufacturing

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Definitions:

Specific Conditions

Distinct or particular diseases, disorders, or situations affecting an individual’s health.

Lavender

A fragrant plant known for its purple flowers, often used in aromatherapy for its calming and relaxing properties.

Neroli

An essential oil made from the blossom of the bitter orange tree, used for its fragrance and in aromatherapy.

Tea Tree

A plant native to Australia known for its essential oil, which is used for its antibacterial, antifungal, and antiviral properties.