Holden Evans may choose to establish a new, wholly owned subsidiary in Tuatara for product manufacturing as a strategic and independent market entry approach.
Holden Evans, the manager of an automobile assembly plant, is contemplating the production decision between cars or SUVs. If Holden chooses to establish a new, wholly owned subsidiary in Tuatara for manufacturing products, it would involve complete ownership and control over the operations in that market. This approach signifies a strategic and independent entry into the new market, providing advantages like autonomy but requiring substantial investment and management resources.
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