By allowing a company to purchase another existing firm in the host country, a(n) _____ permits a largely domestic business to gain an international presence very quickly.
A) joint venture
B) foreign licensing agreement
C) counter trade
D) acquisition

Question

Quizplus · Accepted Answer

An acquisition is the purchasing of an existing company by another company. This allows the acquiring company to quickly gain an international presence without having to establish new operations from scratch.

By Allowing a Company to Purchase Another Existing Firm in the Host