A Greenfield Venture in a Foreign Market Is One

question 70

Multiple Choice

A greenfield venture in a foreign market is one

• A) where the company creates a wholly owned subsidiary business by setting up all aspects of the operation upon entering the market from the ground up.
• B) where foreign facilities and marketing strategies are shared with local businesses.
• C) where the company learns through training by the foreign entity on how to compete.
• D) that supports exports into a foreign market by marketing indirectly thru local rivals.
• E) that offers lower risk and a faster path to financial returns.

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Definitions:

Executive Summary

A concise overview at the beginning of a report, business plan, or document that summarizes the main points for readers, offering a quick insight into the document's purpose and content.

Achievable

A term describing a goal or target that is realistic and within reach, encouraging practical planning and effort to accomplish.

Expense Forecast

An estimate of future costs incurred by a business or project over a specific period.

Cash Cows

Products or business units that generate significantly more revenue than they consume in resources, often funding other areas of a business.