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People do have strategy. The method of international expansion is Starbucks utilizing is wholly-owned subsidiaries.
<h3>What is a wholly owned subsidiary?</h3>
This is often regarded as a type of firm that has its common stock to be fully owned by a parent company.
Wholly owned subsidiaries is known as one that allow the parent company to spread out, manage, and also lower its risk. This owned subsidiaries handles all legal control over operations, products, etc.
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Answer: Option C
Explanation:
A. Achievement of organizational goals is the result for which the controlling process is initiated.
B. Taking corrective action is the second last step in controlling process.
C. Controlling process starts with the establishment of standards from which the actual performance will be compared.
D. Comparison is the second step in controlling process.
E. Identification will be done only after the comparison and detection of deficiencies in the process.
Vertical merger is the joining of two companies involved in different stages of related businesses.