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DIA [1.3K]
3 years ago
11

United Plastics Group of Houston, Texas, decided to invest in a foreign country by setting up two independent injection-molding

facilities in Suzhou, China. This allowed them to fulfill their mission of being a global supplier to their global accounts, and the direct investment would be referred to as a(n) __________.
Group of answer choices:
A. foreign subsidiary
B. joint venture
C. global new venture
D. franchise
Business
1 answer:
babunello [35]3 years ago
4 0

Answer:

The correct answer is letter "C": global new venture.

Explanation:

A global new venture is an investment made by a middle size company abroad that typically has for mission the accomplishment of social well-being. These ventures are characterized by being funded by themselves without the need for a merger or a joint venture.

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Following are the  solution to the given question:

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Popular inventory per share

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