Question

multiple choice question
in order to expand internationally, bolt energy corp based in houston decides to build a new energy - plant in finland rather than purchase an existing company. what format is this company using to expand internationally?

greenfield venture
partially owned subsidiary
franchise
licensing venture

Explanation:

The company is building a new energy - plant on its own in a foreign country. This is a form of a wholly - owned subsidiary where the company has full ownership and control over the new facility. A greenfield venture involves starting a new operation from scratch in a foreign market, which is what Bolt Energy Corp is doing. A franchise involves a franchisor licensing its business model and brand to a franchisee. A licensing venture involves one company licensing its intellectual property to another.

Answer:

A greenfield venture