Question: Leodan, a U . S . - based glass manufacturing firm, has sole control over several glass manufacturing facilities located all over the world. The

Leodan, a U

.

. -

based glass manufacturing firm, has sole control over several glass manufacturing facilities located all over the world. The company assumes the entire risk if any of the facilities undergoes losses, and it enjoys all the profits if the facilities do well. Which of the following methods has Leodan used to conduct business globally in this scenario?

Leodan, a U

.

. -

Establishment of a strategic alliance

Establishment of a cooperative contract

Formation of a joint venture

Formation of wholly owned affiliates

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