Comtex, a U.S. clock manufacturer, recently built a new production facility in Bangladesh. Which term best describes the activities of Comtex?
A) joint venture strategy
B) brownfield strategy
C) acquisition strategy
D) greenfield strategy

Question

Quizplus · Accepted Answer

Building a new production facility in another country is an example of a greenfield strategy, which involves starting a new operation from scratch in a foreign location.