A greenfield operation occurs where a firm decides to build its own manufacturing plant overseas using its own funds.

Name: A greenfield operation occurs where a firm decides to build its own manufacturing plant overseas using its own funds.
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Question

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A greenfield operation involves building a new manufacturing plant from scratch on foreign soil using the firm's own funds. This contrasts with brownfield investments, where a company acquires an existing facility and refurbishes or expands it.

A Greenfield Operation Occurs Where a Firm Decides to Build