Greenfield operations are when firms custom-build foreign subsidiaries according to their needs

Name: Greenfield operations are when firms custom-build foreign subsidiaries according to their needs
Brand: Quizplus
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Question

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Greenfield operations involve a company starting a new venture from scratch in a foreign country by constructing new operational facilities entirely according to its specifications and needs, rather than acquiring or partnering with an existing local company.

Greenfield Operations Are When Firms Custom-Build Foreign Subsidiaries According to Their