Final answer:
The three most common performance evaluation measures for control of foreign subsidiaries are financial measures, operational measures, and strategic measures.
Step-by-step explanation:
The three most common performance evaluation measures used for control of foreign subsidiaries are financial measures, operational measures, and strategic measures.
Financial measures include evaluating the subsidiary's profitability, return on investment (ROI), and cash flow. These measures focus on the financial performance of the subsidiary and its ability to generate profits and contribute to the overall financial health of the company.
Operational measures assess the subsidiary's efficiency, productivity, and quality of output. These measures examine the subsidiary's operational processes and its ability to effectively utilize resources, meet production targets, and deliver quality products or services.
Strategic measures evaluate the subsidiary's alignment with the company's long-term goals and strategic objectives. These measures assess the subsidiary's contribution to the company's strategic positioning, competitive advantage, and market expansion efforts.