Q467
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.
A.
Both 1 and 3
B.
Both 2 and 3
AnswerC.
Only 2
D.
Only 3
Answer: Option B
Solution
Answer: Option B
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