Question

A foreign subsidiary over which an organization has complete control is called a:

a. joint venture.
b. licensing agreement.
c. franchise.
d. wholly owned foreign affiliate.
e. foreign venture.

Answer 1

A foreign subsidiary over which an organization has complete control is called a wholly owned foreign affiliate.

Step-by-step explanation:

A foreign subsidiary over which an organization has complete control is called a wholly owned foreign affiliate. This means that the organization owns 100% of the shares of the subsidiary and has full control over its operations and decision-making process. With a wholly owned foreign affiliate, the organization can directly manage its operations and implement its strategies in the foreign market.