Lanco Infratech bought the Australian mining company Griffin Coal and now runs a 100- percent owned mining entity in Australia.This venture has allowed Lanco complete control over the local market.This strategy is an example of:

Question

Quizplus · Accepted Answer

Direct investment involves a company investing in a foreign country by establishing a wholly owned subsidiary or acquiring a company, which allows for complete control over operations, as Lanco did with Griffin Coal.

Lanco Infratech Bought the Australian Mining Company Griffin Coal and Now