A(n) ___is one in which a foreign operation is built entirely new or a firm purchases a local operation in its entirety.
A) greenfield investment
B) franchise
C) multinational corporation
D) a joint venture
E) equity alliance

Question

Quizplus · Accepted Answer

A greenfield investment refers to a foreign operation that is built entirely from scratch or a new facility is established. This means that the company has complete control and ownership over the investment, unlike a joint venture or equity alliance where ownership and control are shared with another party.

A(n) ___Is One in Which a Foreign Operation Is Built