Shana's company hopes to become a fully global corporation in the coming years. Which of the following would best indicate that the company is fully "global"?
A) exporting and importing
B) licensing
C) setting up a foreign subsidiary
D) franchising
Answer: C
Explanation: Licensing, franchising, exporting, and importing are all mid-level actions for a corporation that intends on becoming fully global to take. The step that typically signifies that a company has become fully global is for it to set up foreign subsidiaries. A foreign subsidiary, such as a factory in China, involves the greatest amount of commitment and risk on the part of the parent company.
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