multiple choice question a form of a foreign subsidiary that is built from scratch by the owning…

multiple choice question a form of a foreign subsidiary that is built from scratch by the owning organization is called a ________. licensee joint venture franchise greenfield venture
Answer
Brief Explanations:
A licensee is a party that gets rights to use intellectual - property. A joint venture is a business arrangement where two or more parties combine resources. A franchise is a right to operate a business using a franchisor's brand and system. A greenfield venture is building a new subsidiary from scratch in a foreign market.
Answer:
D. greenfield venture