Homework Sourse9 If a firm that makes bicycles in Germany acquires a French
9.
If a firm that makes bicycles in Germany acquires a French bicycle producer, Greenfield investment has taken place.
Solution
\"False\"
Greenfield investment means investing in a brand new venture and developing it form the scratch. Acquiring an already business doesn\'t count in greenfield investments.
![9. If a firm that makes bicycles in Germany acquires a French bicycle producer, Greenfield investment has taken place.Solution\](/WebImages/40/9-if-a-firm-that-makes-bicycles-in-germany-acquires-a-french-1123950-1761598840-0.webp "9. If a firm that makes bicycles in Germany acquires a French bicycle producer, Greenfield investment has taken place.Solution\")
