A firm's subsidiary built abroad from the ground up is called a(n)________.
A)greenfield investment
B)portfolio investment
C)distributive channel
D)shell corporation

Question

Quizplus · Accepted Answer

A greenfield investment refers to a subsidiary built by a firm from scratch in a foreign country. This involves constructing new buildings, acquiring land, hiring new staff, and starting operations entirely from the ground up.

A Firm's Subsidiary Built Abroad from the Ground Up Is