An MNC that plans to acquire a target would prefer to time its bid for the target when the local stock market prices in the target's country are generally high.

Question

Quizplus · Accepted Answer

An MNC would actually prefer to time its bid for the target when the local stock market prices in the target's country are generally low. This would give the MNC a better bargaining power and allow it to acquire the target at a lower price.

An MNC That Plans to Acquire a Target Would Prefer