A wholly-owned subsidiary is complex, costly and high risk, but offers the maximum control and potential for above

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A wholly-owned subsidiary is complex, costly and high risk, but offers the maximum control and potential for above

average returns. Strategic alliances and joint ventures allow companies to share the resources and risk to enter international markets.

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Adaptation is a much more effective marketing strategy for international businesses. Cultures still have their own individual needs and customs.

Is this statement true or false? Why? Explain, Example

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