Which of the following is an advantage associated with greenfield ventures?

Question

Quizplus · Accepted Answer

Greenfield ventures provide the advantage of complete control over the firm's technology, marketing, and distribution. This allows the company to operate in the host country according to its own strategies and goals, without the need to rely on third parties or adapt to existing structures. However, this advantage is often offset by higher costs and risks, as the company needs to invest in building its own facilities, infrastructure, and workforce.

Which of the Following Is an Advantage Associated with Greenfield