Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
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
#SPJ4
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
