When a firm chooses to build new plants and facilities from scratch in foreign markets,this is called __________.
A) Exporting
B) A joint venture
C) A greenfield strategy
D) Franchising

Name: When a firm chooses to build new plants and facilities from scratch in foreign markets,this is called __________. A) Exporting B) A joint venture C) A greenfield strategy D) Franchising
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

A greenfield strategy requires a firm to build plants and facilities in foreign markets.

When a Firm Chooses to Build New Plants and Facilities