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Sagot :
A wholly Owned Subsidiary is an overseas operation that is totally held and controlled by a multinational corporation (MNC).
What is a multinational corporation?
A corporate entity is known as a multinational company (MNC) that owns and controls the production of goods or services in at least one nation other than its own.
A corporate entity that has all of its equity (ownership interest) held or owned by the parent firm is referred to as a wholly-owned subsidiary.
To manage their overseas subsidiaries, multinational corporations (MNCs) utilize a variety of processes, such as planning, standardized procedures, and training (Harzing and Sorge 2003). The use and efficacy of control mechanisms in MNCs are influenced by a number of internal and external factors.
To know more about MNCs refer to: https://brainly.com/question/2846229
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