In the last few decades, ______ has been a preferred way for many organizations to deal with a lack of knowledge about foreign local environments and entry into such markets.
A) collaboration
B) takeover
C) acquisition
D) merger

Question

Quizplus · Accepted Answer

Collaboration has been a preferred strategy for many organizations entering foreign markets as it allows them to partner with local firms that have a better understanding of the local environment, reducing the risks and uncertainties associated with entering a new market.

In the Last Few Decades, ______ Has Been a Preferred