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allsm [11]
2 years ago
10

Shiffon Electric Group wants to enter the European market via a wholly owned subsidiary where there are already well-established

incumbent enterprises, and where global competitors are also interested in establishing a presence. What would be a suitable mode of entry for Shiffon Electric?
Business
1 answer:
Aleonysh [2.5K]2 years ago
5 0

The most suitable mode of entry for Shiffon Electric into the European market will be through <u>acquisition</u>.

<h3>What is an acquisition?</h3>

This is a business arrangement whereby a company purchases most or all of another company's shares to gain control of that company.

Thus, this business arrangement will allow Shiffon Electric Group to enter into the market effectively and have market share despite number of well-established incumbent enterprises.

Read more about acquisition

<em>brainly.com/question/24519774</em>

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Answer:

$48,478

Explanation:

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7 0
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BlackZzzverrR [31]

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4 0
3 years ago
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~

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