“Greenfield vs. Acquisition: the strategy of Japanese Investors in the United States” is written by two famous scholars Henart and Park and was published in journal of Management sciences in 1993. This article aims to describe the way multinational firms enters in the local market and affects the business of local organization (Hennart, et al, 1993).
It has been observed that multinational firms use too ways to enter in another country, firstly they merge with one of the local organization, or enters through opening up a new business entity (Hennart, et al, 1993).