Match the term with its definition.
-A wholly owned subsidiary formed from scratch in another country

Question

Quizplus · Accepted Answer

A greenfield venture is when a company establishes a wholly owned subsidiary from scratch in another country.

Answer: A
 Cross-border acquisition refers to the purchase of an existing company in another country by a foreign company.

Answer: C
 Globalization is the process of increasing interconnectedness and interdependence of economies, cultures, and populations across the world.

Answer: E
 Importing refers to the purchase of goods and services from another country for use domestically.

Answer: F
 Offshoring is the practice of relocating business processes or operations to another country, typically for cost savings.

Answer: G
 A trade intermediary is a third-party entity that facilitates trade between two or more companies in different countries.

Answer: H
 A trade mission is a group of business professionals sent to another country to promote trade and investment opportunities between the two countries.

Match the Term with Its Definition