Typically, a "greenfield" investment abroad is considered an investment having a greater foreign presence than a joint venture with a foreign firm.

Question

Quizplus · Accepted Answer

A greenfield investment refers to the establishment of a new business or facility in a foreign country, while a joint venture involves partnering with a foreign company to create a new business entity. As such, a greenfield investment usually involves a greater foreign presence as the company is starting operations from scratch in a new market.

Typically, a "Greenfield" Investment Abroad Is Considered an Investment Having