A firm that builds a new manufacturing facility in a foreign market is participating in a(n) ________.
A) acquisition
B) merger
C) greenfield investment
D) equity participation

Question

Quizplus · Accepted Answer

A greenfield investment refers to a company starting a new venture by constructing new operational facilities from the ground up in a foreign country, rather than by acquiring or merging with an existing firm.

A Firm That Builds a New Manufacturing Facility in a Foreign