Question

A greenfield venture may be too slow to establish a sizable presence when multiple choice organizationally embedded competencies are involved. there are no well-established incumbent enterprises in the market. skills, routines, and cultures need to be transferred. a quick execution of market entry is not a priority. global competitors are interested in establishing a presence.

Answer 1

Answer:

Global competitors are interested in establishing a presence.

Explanation:

A greenfield venture may be too slow to establish a sizable presence when global competitors are interested in establishing a presence.

As a global brand they would have gained more market experience and penetration, thus making greenfield a weaker competitor.