Founding a Wholly Owned Subsidiary in a Foreign Market to Take

question 73

Multiple Choice

Founding a wholly owned subsidiary in a foreign market to take advantage of all essential value chain activities requires a strategy that

• A)establishes a wholly owned subsidiary.
• B)acquires a foreign company.
• C)supports direct control over all aspects of operating in a foreign market.
• D)establishes a start-up operation.
• E)creates multiple country value chains to attain and sustain a competitive advantage in all markets served.

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Definitions:

Impersonal

Lacking personal features or involvement; not engaging in or involving personal interaction or relationships.

Media Richness

The degree to which a communication medium can effectively convey information, including nuances and subtleties, influenced by factors such as immediacy and feedback capabilities.

Self-disclosure

The act of revealing personal information about oneself to others, which can facilitate intimacy and trust in relationships.

Acoustic

Relating to sound or the sense of hearing, often used to describe music that is performed or recorded without electrical amplification.