XYZ,Inc,a Canadian company,has chosen to establish a wholly owned subsidiary in Mexico.It has the choice of acquiring an established company in Mexico or

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Building a greenfield venture means starting a new business from scratch in a foreign market. This would give XYZ, Inc. complete control over the operations and allow them to tailor the business specifically to the Mexican market. Acquiring an established company in Mexico may come with existing challenges, such as cultural differences, established policies and procedures, and potential legal issues. Joint ventures and licensing manufacturing techniques would also mean sharing control and profits with another party. Franchising and mergers may not be feasible options depending on the nature of the business. Therefore, building a greenfield venture is the best choice for XYZ, Inc. to establish a wholly owned subsidiary in Mexico.

XYZ,Inc,a Canadian Company,has Chosen to Establish a Wholly Owned Subsidiary