Asked by
Samantha Gamez
on Dec 20, 2024
Verified
What form of organization enables a multinational enterprise to retain control and authority over all phases of operation?
A) Direct export sales.
B) Wholly owned subsidiaries.
C) Joint ventures.
D) None of these.
Wholly Owned Subsidiaries
Companies that are completely controlled by another company, the parent company, owning 100% of the subsidiary's shares.
Multinational Enterprise
A large corporation that owns and controls production or delivers services in more than one country.
- Discern among several types of international commerce configurations and their legal outcomes.
Verified Answer
HM
Learning Objectives
- Discern among several types of international commerce configurations and their legal outcomes.