A greenfield venture in a foreign market is
A) one where the company creates a subsidiary business by setting up all aspects of the operation upon entering the market from the ground up.
B) one where foreign facilities and marketing strategies are shared with local businesses.
C) one where the company learns through training by the foreign entity on how to compete.
D) one that supports exports into a foreign market by marketing indirectly thru local rivals.
E) one that offers lower risk and a faster path to returns.
Correct Answer:
Verified
Q35: The advantages of using an export strategy
Q37: The advantages of using a franchising strategy
Q40: Multidomestic competition refers to situations where
A) no
Q41: Which of the following is the role
Q42: Which of the following is not a
Q44: The drawbacks of a localized multidomestic strategy
Q47: Which of the following statements regarding multidomestic
Q59: Strategic alliances,joint ventures,and cooperative agreements between domestic
Q70: Which of the following statements regarding multidomestic
Q76: Multidomestic competition is best characterized as a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents