Rather than acquiring Almodovar Holdings in Spain,Omega,Inc.chose to establish new operations in that country.This form of FDI is called
A)consolidation
B)greenfield investment
C)acquisition
D)licensing agreement
E)mass customization

Question

Quizplus · Accepted Answer

Greenfield investment refers to establishing new operations in a foreign country, which is what Omega, Inc. chose to do instead of acquiring Almodovar Holdings in Spain. Consolidation refers to the merging of two existing companies, acquisition refers to purchasing an existing company, licensing agreement refers to allowing a foreign company to use your company's intellectual property, and mass customization refers to tailoring products or services to individual customers' specific needs.

Rather Than Acquiring Almodovar Holdings in Spain,Omega,Inc