In order to enter the Spanish market, a Moroccan firm establishes a store that is entirely owned by the Moroccan firm. This is an example of a(n) ________
A) strategic alliance
B) wholly owned subsidiary
C) exporting agreement
D) joint venture
E) contract manufacturing arrangement
B
Explanation: B) A wholly-owned subsidiary involves establishing a foreign facility that is owned entirely by the investing firm. The advantages of this entry choice include total control over foreign operations and technological know-how. The disadvantage is that the parent company must bear all of the costs and risks of entering a foreign market.
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Mayberry Company paid $30,000 cash to purchase land. What happened as a result of this business event?
A. Total assets were not affected. B. The net cash flow from investing activities decreased. C. Total equity was not affected. D. Total assets and total equity were not affected, and net cash flow from investing activities decreased.
Marketers normally should use every connector on their list for a single campaign
Indicate whether the statement is true or false
A goodwill message is especially effective when it
A) discusses the reader's situation in detail. B) mentions a specific incident or anecdote. C) uses strong, flowery language. D) focuses on the writer's thoughts and feelings. E) omits a subject line on the email form.
Which of the following is not a requirement of a linear programming problem?
A) an objective function, expressed in linear terms B) constraints, expressed as linear equations or inequalities C) an objective function to be maximized or minimized D) alternative courses of action E) one constraint or resource limit for each decision variable