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14-11-2017
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A greenfield operation refers to _____.
a. a wholly owned subsidiary created by acquisition
b. a new corporate entity created and jointly owned by two or more parent companies
c. a wholly owned subsidiary created by building a new factory and offices from scratch
d. an outsourcing agreement in r&d between firms

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14-11-2017

The answer is, C. A wholly owned subsidiary created by building a new factory and offices from scratch.

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