Question: Petnro, a U . S . - based bike manufacturing firm, operates bike manufacturing plants in China, Japan, Taiwan, and Singapore under the name of

Petnro, a U

.

. -

based bike manufacturing firm, operates bike manufacturing plants in China, Japan, Taiwan, and Singapore under the name of BikMe. The parent company receives all the profits made by these facilities, and it has complete control over the different segments of the plants. Which of the following methods for conducting global business has Petnro used in this scenario?

.

Formation of wholly owned affiliates

.

Establishment of a cooperative contract

.

Formation of a joint venture

.

Establishment of a strategic alliance

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