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Masja [62]
3 years ago
10

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.
Business
1 answer:
kifflom [539]3 years ago
5 0

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.

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