New Companies with Sales, Employees, and Financing in Different Countries

question 19

Multiple Choice

New companies with sales, employees, and financing in different countries that are found with an active global strategy are called__________ .

• A) global new ventures
• B) strategic alliances
• C) wholly owned affiliates
• D) franchisees
• E) subsidized corporations

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Definitions:

Installation

is the process of setting up or assembling a piece of equipment or system in its place of operation.

Consequential

Referring to outcomes or results that follow as a direct or indirect effect of an action, often used in the context of damages in legal settings.

Requirements

Mandates or criteria set forth for achieving or maintaining a specific standard or fulfilling a specific condition.

Cover

In commercial transactions, the act of purchasing substitute goods when a seller fails to fulfill a contract.