_____ is a method in which a company builds a new business or buys an existing business in a foreign country.
A)Strategic alliance
B)Direct foreign investment
C)Global new venture
D)Joint venture
E)Direct exporting

Question

Quizplus · Accepted Answer

Direct foreign investment is the method in which a company builds a new business or buys an existing business in a foreign country. Strategic alliance involves two or more companies collaborating for a specific purpose, global new venture refers to a startup launched by a company in multiple countries simultaneously, joint venture involves two or more companies forming a new entity to pursue a specific business opportunity, and direct exporting involves selling goods or services directly to customers in a foreign country without a physical presence there.

_____ Is a Method in Which a Company Builds a New