In the context of entering a foreign market, which of the following exemplifies a greenfield operation?
A) Ophal Tech, an existing pharmaceutical company, creates Ophalturbo, a subsidiary company, from scratch.
B) Abc Corp. and XYZ Inc., two parent companies, enter into a joint venture with a 50/50 arrangement.
C) GrowKids, a day-care center, gives the right to use its brand name to upcoming day-care units.
D) Uro Refineries helps the government of Jorgat to set up its own oil refinery.

Question

Quizplus · Accepted Answer

A greenfield operation involves a company entering a foreign market by starting a new venture from the ground up, as exemplified by Ophal Tech creating a new subsidiary, Ophalturbo, from scratch.

In the Context of Entering a Foreign Market, Which of the Following