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Explain about the term ownership in briefly.
Ownership:
The most extensive type of participation of hundred percent ownerships and this involves the greatest commitment within capital and managerial effort. The capability to communicate and control hundred percent may outweigh any of the drawbacks of joint ventures and licensing. Conversely, as mentioned earlier that repatriation of earnings and capital has to be cautiously monitored. The much more unstable the environment the less probable is the ownership pathway an option.
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