UniVision Corporation, a U. S. company, sets up a firm in China. UniVision remains in the United States and retains ownership of the Chinese branch, as well as authority and control over all phases of the operation. This is a. direct exporting. b. a wholly owned subsidiary. c. a joint venture. d. a franchise.

b. a wholly owned subsidiary.

Explanation:

-Direct exporting is when the producer sells its products directly to the international market.

-A wholly owned subsidiary is a company that is owned by another company that has all the control over its operations.

-A joint venture is when two or more companies agree to share their resouces for a specific purpose.

-A franchise is when an organization allows another party to get information about its processes to sell its products and services using the organization's name in exchange for certain fees.

According to this, the answer is that this is a wholly owned subsidiary.

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