Which of the following is an advantage associated with greenfield ventures?
A)governmental support and subsidies in the host country
B)the lower cost of this type of venture
C)the level of control over the firm's operations
D)the lower level of risks involved

Question

Quizplus · Accepted Answer

One advantage of greenfield ventures is the level of control the firm has over its operations. In a greenfield venture, the company can design and build its operations from scratch, allowing it to tailor its processes to its specific needs and preferences. This level of control can lead to greater efficiency and effectiveness in operations, compared to other types of ventures where the company may have to adapt to existing processes or systems.

Which of the Following Is an Advantage Associated with Greenfield