When Nestlé Actually Owns a Subsidiary or Division in a Foreign

question 209

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.

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

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Definitions:

Chest X-Ray

A diagnostic test that uses electromagnetic radiation to create images of the chest, including the heart, lungs, and bones.

Kohlberg's Postconventional

The third level in Kohlberg's theory of moral development, where individuals make ethical decisions based on universal principles of justice and rights.

Retirement

The period in life where an individual stops working full-time, often due to age, allowing for more personal time and less income.

Family and Friends

Social support networks consisting of relatives and acquaintances, often providing emotional and material support.