A wholly owned subsidiary is a foreign business that is entirely owned and managed by a multinational corporation. To accomplish the aims and objectives of the company, strategic management requires ongoing planning, monitoring, and analysis.
Which of the following statements concerning global network structures is accurate?
Decisions are taken locally, yet each grouping communicates with headquarters and occasionally with one another in these complex integrations of business operations and communications.
A transnational business plan's main benefit is that it is less expensive than a multi-domestic strategy since it places a higher priority on global uniformity and efficiency. Global companies centralise as much resources as they can, reducing expenses.
Learn more about sustainable long-term business
https://brainly.com/question/28459144
#SPJ4
