Answer:
A wholly owned subsidiary is appropriate when the firm wants
100 percent of the profits generated in a foreign market.
Explanation:
100 percent ownership means 100 percent taking of the whole profits or losses generated by a company's subsidiary. It is only when a subsidiary is not wholly owned that the profits or losses generated by the subsidiary can be shared. When a company can afford it, they can take 100 percent ownership so that they can control the company wholly without any interference because ownership dictates control.
