A firm can establish a wholly owned subsidiary in a country by building a subsidiary from the ground up, called the
A) joint venture.
B) turnkey strategy.
C) licensing agreement.
D) greenfield strategy.

Question

Quizplus · Accepted Answer

A firm can establish a wholly owned subsidiary in a country by building a subsidiary from the ground up, the so-called greenfield strategy, or by acquiring an enterprise in the target market.

A Firm Can Establish a Wholly Owned Subsidiary in a Country