Joint venture helps in access to new markets and distribution networks.
Which one of the following modes of entry brings the firm closer to international markets?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture
Which of the follwoing statement(s) about green field venture is/are correct?
1. Amazon India is a green field venture.
2. Greenfield Venture is a form of market entry strategy with establishment of a new wholly owned subsidiary in a foreign country by constructing its facilities from start.