Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Get quick and reliable solutions to your questions from a community of experienced experts 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
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.
