Question: Weta Digital is a digital visual effects company based in Wellington, New Zealand, Recently, it decided to target the USA as an important growth market

Weta Digital is a digital visual effects company based in Wellington, New Zealand, Recently, it decided to target the USA as an important growth market for filmed entertainment. To slow its entry, it entered into a $250 million joint venture with Warner Bros, the operator of USA's largest studios & networks to produce movies & TV shows. In this way, this strategic alliance will allow it to achieve the benefits of rapid entry while keeping costs down. * O True O False A common disadvantage of using a greenfield strategy is complying with local regulations 1 O True False

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