WHAT IS THE DIFFERENCE BETWEEN A FOREIGN BRANCH OF AN MNC AND A FO...

52. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
52. What is the difference between a foreign branch of an MNC and a foreign subsidiary of an MNC? a. A foreign branch of an MNC is an office of the MNC which is not a separate organization from the MNC, but a foreign subsidiary is a separate organization in a foreign country that is owned by the MNC. b. A foreign branch of an MNC is a separate entity in a foreign country which the MNC owns, while a foreign subsidiary is an office of the MNC but not a separate entity from the MNC. c. A foreign branch of an MNC and a foreign subsidiary of an MNC are essentially the same. d. A foreign branch of an MNC is an office of the MNC which is not a separate organization from the MNC, and a foreign subsidiary is an organization in a foreign country in which the MNC owns only a partial interest.