Founding a wholly owned subsidiary in a foreign market to take advantage of all essential value chain activities requires a strategy that A. D) establishes a start-up operation. B. E) creates multiple country value chains to attain and sustain a competitive advantage in all markets served. C. B) acquires a foreign company. D. C) supports direct control over all aspects of operating in a foreign market. E. A) establishes a wholly owned subsidiary.

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone