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Law Incorporation [45]
2 years ago
13

"Bardron, an information technology company in the country of Conimount, wanted to start its business in the country of Bertholt

. Hence, it bought Lecden Corp, a severely underperforming information technology company in the country of Bertholt. This scenario is an example of _____
asked Aug 22, 2017 in Business by Stigma
A) strategic alliance
B) direct foreign investment
C) direct export
D) joint venture"
Business
2 answers:
Natalija [7]2 years ago
4 0

Answer:

The correct answer is letter "B": direct foreign investment.

Explanation:

Direct foreign investment is an important part of global economic integration. Direct foreign investment is a type of cross-border investment, intending to create a lasting interest that a resident company based in one country could have in a company operating in another.

Various strategies such as building new facilities or plants overseas, creating cross-border mergers or acquisitions will achieve direct foreign investment.

pshichka [43]2 years ago
3 0

Answer:

c

Explanation:

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