The risks associated with learning to do business in a new culture are less if the firm
A) engages in global strategic coordination.
B) imposes strict marketing guidelines on how to do business.
C) enters a greenfield venture in the host country.
D) realizes substantial location economies.
E) acquires an established host-country enterprise.

Question

Quizplus · Accepted Answer

Acquiring an established host-country enterprise reduces risks because the firm can leverage the local knowledge, relationships, and established operations of the acquired company, which helps in navigating the new cultural environment more effectively.

The Risks Associated with Learning to Do Business in a New