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14 - Alpine Solar Inc. is a European company that has plans to establish manufacturing in Mumbai, India. They have been attracted by the possibility

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14 - Alpine Solar Inc. is a European company that has plans to establish manufacturing in Mumbai, India. They have been attracted by the possibility of low local taxes and subsidies for new construction, but they also want to ensure they maintain their own corporate culture. After looking in the Mumbai market, they have found no existing facilities that are suitable (only land that could be used for new construction) and no local partners that appear to offer capabilities that would be helpful. Which of the following approaches would best suit the company's needs? a. Joint venture b. Brownfield investment c. Acquisition d. Greenfield investment

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