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18 September, 08:21

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.

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  1. 18 September, 08:29
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    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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