Connor’s company produces bicycles and wants to establish a wholly owned subsidiary in austria. It can do this by acquiring an established firm in austria or by.

Respuesta :

It can do this by acquiring an established firm in Austria or by setting up greenfield investment.

What is greenfield investment?

When a parent business establishes a subsidiary in another nation and starts up activities there, this is referred to as a green-field (sometimes "greenfield") venture. These projects may involve not just creating new production facilities but also new offices, living quarters, and distribution centres. The phrase "green-field investment" derives its name from the fact that the business, which is typically a multinational corporation (MNC), is starting a project from scratch by preparing and ploughing a green field. These initiatives are what are referred to as foreign direct investments, or just direct investments, and they give the sponsoring corporation the most degree of control.

To learn more about greenfield investment, visit:

https://brainly.com/question/19090253

#SPJ4