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Which of the following statement is true?
1. Greenfield venturing is the establishment of a new wholly own subsidiary in a foreign country by constructing its facilities on an existing platform.
2. Joint venture is created for the purpose of a specific project or other business activity.
3. In strategic alliance, individual identities of the companies are retained.

Which of the following statement is true?
1. Greenfield venturing is the establishment of a new wholly own subsidiary in a foreign country by constructing its facilities on an existing platform.
2. Joint venture is created for the purpose of a specific project or other business activity.
3. In strategic alliance, individual identities of the companies are retained. Correct Answer Both 2 and 3

Related Questions

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