Acquisition of an existing firm rather than via internal development may be the least risky and cost-efficient means of overcoming entry barriers such as
A) putting its own strategy into place.
B) accelerating efforts to build a strong market presence.
C) moving directly to the task of transferring resources and personnel, integrating and redirecting activities into its own operation.
D) fast-tracking exports into a foreign market by marketing indirectly thru local rivals.
E) gaining access to local distribution networks, building supplier networks, and establishing working relationships with key government officials.

Question

Quizplus · Accepted Answer

Acquiring an existing firm can provide immediate access to established distribution networks, supplier relationships, and government connections, which are significant entry barriers in a new market.

Acquisition of an Existing Firm Rather Than Via Internal Development