Asked by Patricia Tucker’Hicks on May 18, 2024
Verified
Businesses which wish to safeguard their technology while doing business in the international sector would not want to consider the use of wholly owned subsidiaries.
Wholly Owned Subsidiaries
Companies whose entire share capital is owned by another company, the parent company.
International Sector
The segment of an economy or business operations that involves dealing with foreign countries, including trade, investments, and regulatory practices.
- Recognize strategies for technology protection in the international business environment.
Verified Answer
JN
Janet NarvaezMay 21, 2024
Final Answer :
False
Explanation :
Wholly owned subsidiaries can actually be a way for businesses to protect their technology, as they have full control over the operations and can thus implement strict measures to safeguard their intellectual property.
Learning Objectives
- Recognize strategies for technology protection in the international business environment.
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