Cortex, a U.S. clock manufacturer, recently built a new production facility in Bangladesh. Which term best describes the activities of Comtex?

Cortex, a U.S. clock manufacturer, recently built a new production facility in Bangladesh. Which term best describes the activities of Comtex?


A. joint venture strategy
B. brownfield strategy
C. acquisition strategy
D. greenfield strategy


Answer: D. greenfield strategy


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