Suzi's Sleds,Inc.is considering entering Japan,where there are no other incumbent competitors to acquire.Suzi's would do best in Japan with a(n):
A) franchise
B) turnkey project
C) joint venture
D) greenfield venture
E) acquisition

Question

Quizplus · Accepted Answer

As there are no incumbent competitors to acquire in Japan, Suzi's Sleds, Inc. would do best with a greenfield venture. A greenfield venture involves starting a new business from scratch in a foreign market. This choice would give Suzi's complete control over the business while also allowing them to tailor the business to the specific needs and preferences of the Japanese market. The other choices, such as a franchise or a joint venture, would involve partnering with an existing Japanese company or using an existing business model, which may not be as suitable or profitable for Suzi's.