Which of the Following Is an Advantage Associated with Greenfield

question 40

Multiple Choice

Which of the following is an advantage associated with greenfield ventures?

• A) Governmental support and subsidies in the host country
• B) The lower cost of this type of venture
• C) The level of control over the firm's operations
• D) The lower level of risks involved

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Definitions:

Production Environment

The physical and organizational setting where manufacturing or production takes place, involving machinery, labor, and workflows.

Service Shop

A type of operation that primarily produces services rather than tangible products, often requiring customer presence for the service delivery.

Service Costs

Expenses incurred in the creation or delivery of services, including labor, materials, and overhead costs specifically related to service departments.

Resource Requirements

The specific materials, labor, capital, and other resources needed to achieve an objective or project.