A U.S. based high tech company decides to build a R&D office in Bangalore, India. Which of the following terns describes this kind of expansion decision?

Question

Quizplus · Accepted Answer

A Greenfield operation refers to a company building its operations from the ground up in a foreign country, which is what the U.S. based company is doing by establishing a new R&D office in Bangalore, India.

A US Based High Tech Company Decides to Build a R&D