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MatroZZZ [7]
4 years ago
12

Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry

strategy that best describes Wavetel's move. Joint venture Direct foreign investment Franchising Indirect exporting
Business
1 answer:
mixer [17]4 years ago
8 0

Answer:

Direct foreign investment.

Explanation:

 A foreign direct investment commonly used by abbreviation  FDI refers to a cross border investment in a business venture by a firm or individual of the country. In a broad sense, FDI occurs when a stockholder establishes overseas business activities or possesses foreign stock holdings in a foreign firm. FDI is a crucial component of global economic development since it establishes secure and long term trade linkages. FDI is an essential factor for the transfer of technology and infrastructure development and between different nations of the world. As per the question, Wavetel acquires a business firm in a neighboring country and it is a classic example of FDI.

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Answer:

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Explanation:

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=  $22000 per year.

The GDP refers to the total expenditure on the goods and services produced. Moreover, rent is also included in GDP calculation. Thus the total contribution of two houses to GDP is $22000.

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