A Fully Owned Foreign Subsidiary Is a Form of MNC

question 43

Multiple Choice

A fully owned foreign subsidiary is a form of MNC (multinational corporation) in which

• A) a local entrepreneur buys the firm in its own foreign country.
• B) the MNC owns and operates the firm by itself.
• C) the foreign government gives its full cooperation.
• D) none of these options are true.

---

Definitions:

Income Sharing

Income sharing refers to the distribution of profits or earnings among partners, stakeholders, or employees in a company or cooperative.

Cocaine

A powerful and addictive stimulant drug derived from the leaves of the coca plant.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and distribution of profits and losses among partners in a business partnership.

Religious Beliefs

Personal or institutionalized system of attitudes, morals, ethics, worldviews, and practices centered on the idea of a supernatural power or powers.