Which of the following is an advantage of acquisitions as a means of entering foreign markets?

Answers

One advantage of acquisitions as a means of entering foreign markets is that acquiring a foreign business instantly gives a firm access to that market. Unlike starting from scratch, which can take years, an acquisition provides the firm with an existing customer base, a distribution network, a knowledgeable workforce, and a well-established brand. Therefore, the firm can begin selling its goods or services in the targeted foreign market much faster than if it had started from the ground up.

Answered by nsmith

We have mentors from

Contact support