In 2000, a corporation reached the first international market in the United States through the creation of a wholly owned subsidiary (WOS). This transaction for the establishment of WOS in the US is reported as the first foreign market venture of the business. Subsequently, the same company won the contract in the US market in the year 2003. This contract may be performed by the Pakistan-based headquarters (or parent company) or the US-based WOS.)
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Should the subsequent winning of the foreign market project where wholly Owned Subsidiary was already developed by company be viewed as a subsequent internationalization?In 2000, a corporation reached the first international market in the United States through the creation of a wholly owned subsidiary (WOS). This transaction for the establishment of WOS in the US is reported as the first foreign market venture of the business. Subsequently, the same company won the contract in the US market in the year 2003. This contract may be performed by the Pakistan-based headquarters (or parent company) or the US-based WOS.)
Answer the following question after reading the text above,
Should the subsequent winning of the foreign market project where wholly Owned Subsidiary was already developed by company be viewed as a subsequent internationalization?
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I am building up the database for one of my research projects wherein I need to look at the internationalization path of the companies from the time ...
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