Imagine that before black diamond initiated its greenfield venture in zhouhai, china, peter and wim asked for your advice. what would you have told them about greenfield ventures? check all that apply. more than any other direct investment strategy, a greenfield venture gives a company complete control over the operation. because bd makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages. to make greater profits, though at greater risk, bd could manufacture equipment domestically and export it to asia. the plant in zhouhai has the potential to be highly profitable.