Which Approach to Global Retail Expansion Involves "Greenfield" Investment Using

question 48

Multiple Choice

Which approach to global retail expansion involves "greenfield" investment using a company's own financial resources to build a new store from the ground up?

• A)chain acquisition
• B)organic growth
• C)franchise
• D)joint venture
• E)own-label focus

Recognize and categorize different forms of trade barriers and their implications.

Calculate the effects of tariffs and quotas on domestic supply, demand, and government revenue.

Evaluate the consequences of trade policies on consumers, producers, and government.

Understand the goals and impact of the World Trade Organization (WTO) on international trade.

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Definitions:

Prospective Buyers

Potential customers who have shown an interest in purchasing a product or service but have not yet made the purchase.

Business's Image

The public perception or reputation of a business, shaped by branding, marketing efforts, customer experiences, and media portrayals.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.

Operation

The day-to-day activities and procedures businesses employ to produce goods or services and function effectively.