Feldo Systems entered the Lithiopian market by purchasing Kylied, a Lithiopian local trading site. The acquisition allowed Feldo Systems to quickly enter and expand in the Lithiopian market without the lead time required or the risk entailed when developing operations in a foreign market. This scenario exemplifies the internationalization entry tactic of:
A) making.
B) buying.
C) donating.
D) allying.

Question

Quizplus · Accepted Answer

The correct answer is B) buying, as Feldo Systems acquired Kylied, a local company, to enter the Lithiopian market, which is a direct example of entering a market by purchasing an existing company rather than building a new operation from scratch.

Feldo Systems Entered the Lithiopian Market by Purchasing Kylied, a Lithiopian