When a Firm Chooses to Build New Plants and Facilities

question 84

Multiple Choice

When a firm chooses to build new plants and facilities from scratch in foreign markets,this is called __________.

• A) Exporting
• B) A joint venture
• C) A greenfield strategy
• D) Franchising

---

Definitions:

Personality

Personality encompasses the unique and consistent patterns of thinking, feeling, and behaving that characterize an individual.

Behavior

The ways in which living organisms act or conduct themselves, especially in response to their environment.

Projective Test

A type of psychological assessment that involves responding to ambiguous stimuli, such as pictures or patterns, where the interpretation reflects unconscious desires or feelings.

Ambiguous Stimulus

A stimulus that lacks clarity or can be interpreted in more than one way, often used in psychological experiments to study perception and cognition.