In the Context of Entering a Foreign Market, Which of the Following

question 53

Multiple Choice

In the context of entering a foreign market, which of the following exemplifies a greenfield operation?

• A) Ophal Tech, an existing pharmaceutical company, creates Ophalturbo, a subsidiary company, from scratch.
• B) Abc Corp. and XYZ Inc., two parent companies, enter into a joint venture with a 50/50 arrangement.
• C) GrowKids, a day-care center, gives the right to use its brand name to upcoming day-care units.
• D) Uro Refineries helps the government of Jorgat to set up its own oil refinery.

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Definitions:

Chief Information Officer

An executive role responsible for managing and implementing information and computer technologies in an organization.

Rational Basis

A standard of review used by courts to evaluate government laws and actions to ensure they are rationally related to a legitimate government interest.

Protracted Negotiations

Extended or lengthy discussions aimed at reaching an agreement, often complex and involving multiple issues or parties.

Corporate Records

Official documents and records maintained by a corporation, including minutes of meetings, financial records, and legal documents.