84.7k views
2 votes
Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations. A foreign company wants to be able to copy and manufacture TJ Soft programs and sell them in its stores. What would be an appropriate approach for them to use?

User Hainq
by
3.9k points

1 Answer

2 votes

Answer: Foreign Subsidiary

Step-by-step explanation:

A foreign subsidiary is a company which operations overseas is part of a larger corporation with headquarters in another country, they are often referred to as a parent company or a holding company.

in this case the foreign company looking to sell TJ soft products would approach them as a foreign subsidiary of TJ, so they can be licensed to sell and market TJ soft products overseas.

User Dscape
by
3.9k points