multiple choice question\nin order to expand internationally, bolt energy corp based in houston decides to…

multiple choice question\nin 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?\n\ngreenfield venture\npartially owned subsidiary\nfranchise\nlicensing venture

multiple choice question\nin 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?\n\ngreenfield venture\npartially owned subsidiary\nfranchise\nlicensing venture

Answer

Brief Explanations:

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