Asked by
Angelle Guillard
on Nov 22, 2024Verified
Feldo Systems entered the Lithiopian market by purchasing Kylied, a Lithiopian local trading site. The acquisition allowed Feldo Systems to quickly enter and expand in the Lithiopian market without the lead time required or the risk entailed when developing operations in a foreign market. This scenario exemplifies the internationalization entry tactic of:
A) making.
B) buying.
C) donating.
D) allying.
Buying
The act of obtaining goods or services in exchange for money, or the procurement process in businesses.
- Differentiate among various strategies for entering international markets such as "make," "buy," "ally," among others.
- Assess the process of strategic decision-making involved in entering a new international market.
Verified Answer
BS
Learning Objectives
- Differentiate among various strategies for entering international markets such as "make," "buy," "ally," among others.
- Assess the process of strategic decision-making involved in entering a new international market.
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