If a firm is considering entering a country where there are no incumbent competitors to be acquired,then which of the following modes of entry into foreign markets is most suitable?
A) Acquisition
B) Licensing deal
C) Greenfield venture
D) Turnkey project
E) Franchising deal

Question

Quizplus · Accepted Answer

Since there are no incumbent competitors to be acquired, greenfield venture is the most suitable mode of entry in order to establish a brand new presence in the foreign market. This involves starting from scratch and building all the necessary business operations, which is best when there are no existing players or options to acquire.

If a Firm Is Considering Entering a Country Where There