Question

As part of its international expansion strategy, Jade Inc., an American software company, acquired Verde Inc.,...

As part of its international expansion strategy, Jade Inc., an American software

company, acquired Verde Inc., a Mexican software company. All of Verde’s operations

are now owned by Jade. One of the challenges that Jade faced was overcoming the

cultural and language barriers that posed difficulty in the integration of Verde’s existing

culture with that of Jade’s. Given this information, it can be said that Verde is a _____

of Jade.

A. Proprietorship

C. franchisee

B. Licensee

D. subsidiary

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Answer #1

ANSWER:

As part of its international expansion strategy, Jade Inc., an American software company, acquired Verde Inc., a Mexican software company. All of Verde’s operations are now owned by Jade. One of the challenges that Jade faced was overcoming the cultural and language barriers that posed difficulty in the integration of Verde’s existing culture with that of Jade’s. Given this information, it can be said that Verde is a SUBSIDIARY of jade.

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