Which of the following is true of establishing greenfield venture in a foreign country?
A) Greenfield investments are less risky than acquiring an existing company in a foreign market.
B) An inherent degree of uncertainty is associated with a greenfield venture because of future revenue and profit prospects.
C) Greenfield investments virtually eliminate the possibility of a more aggressive global competitor entering the market via acquisitions.
D) Greenfield investments are quick to establish.
Correct Answer:
Verified
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