Asked by Desirea Moore on May 22, 2024
Verified
Direct investment offers the firm complete control over its operations in the foreign country.
Direct Investment
When a firm maintains 100 percent ownership of its plants, operation facilities, and offices in a foreign country, often through the formation of wholly owned subsidiaries.
Complete Control
The authority or power to fully manage or govern all aspects of an entity, situation, or mechanism without any external interference.
- Identify the characteristics and strategies of entering foreign markets.
Verified Answer
ES
Esteban SuárezMay 25, 2024
Final Answer :
True
Explanation :
Direct investment involves direct ownership and control over operations in a foreign country, giving the firm complete control over its operations.
Learning Objectives
- Identify the characteristics and strategies of entering foreign markets.
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