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27 April, 22:24

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. 28 April, 01:41
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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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