As a mode of entry into a foreign market,cross-border acquisition
A)involves building new production facilities in a foreign country.
B)offer faster speed over greenfield investment.
C)can offer access to proprietary assets.
D)offer faster speed over greenfield investment,and can also offer access to proprietary assets.

Question

Quizplus · Accepted Answer

Cross-border acquisition offer faster speed over greenfield investment as the acquiring company can immediately take over the existing operations and customer base of the target company. In addition, cross-border acquisition can also offer access to proprietary assets such as patents, technologies, and brands, which can give the acquiring company a competitive advantage in the foreign market.

As a Mode of Entry into a Foreign Market,cross-Border Acquisition