When a Company Builds a Subsidiary from Scratch in a Foreign

question 163

True/False

When a company builds a subsidiary from scratch in a foreign country it is called a greenfield venture.

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Definitions:

Stock Ownership Incentive Plans

Programs designed to give employees the opportunity to buy or receive shares in the company they work for as a form of incentive.

Individual Incentive Plans

Compensation strategies designed to motivate individual employees by providing rewards, typically financial, based on their personal performance or achievements.

Profit-sharing Plans

Employee benefit plans that provide workers with a share of the company's profits based on its quarterly or annual earnings.

ESOPs

Employee Stock Ownership Plans, which are programs that provide employees with ownership interest in the company.