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.

---

Definitions:

Ospedale degli Innocenti

A historical building in Florence, designed by Filippo Brunelleschi, recognized as an early example of Renaissance architecture, originally serving as an orphanage.

Loggia

A gallery with an open arcade or a colonnade on one or both sides.

Violent Action

Can describe scenes or themes in art and literature that involve physical force, conflict, or aggression, often depicted to elicit emotional engagement or convey intense narratives.

Palazzo Medici

A Renaissance palace in Florence, Italy, designed for the Medici family, showcasing the wealth and power of this influential banking dynasty.