Advantages • Affiliate • Agreement • Allowed • Always • Authority • Based • Business • Controlled • Countries • Decision • Decreased • Different • Distinct • Diversification • Diversify • Employees • Established • Government • Information • Internationally • Joint • Legal • Liabilities • Majority • Market • Markets • Merely • Need • One • Operations • Organizations • Owned • Power • Profit • Reporting • Required • Risk • Same • Should • Standards • Status • Subsidiary • Tax • Taxes • Voting • Who • Wholly • Within • Yes