One way to address hostility to foreign acquisitions in the host country is by ______________ the firm's presence in the foreign market by hiring local managers,
Sourcing locally, and developing local brands.

Question

Quizplus · Accepted Answer

Localizing refers to adapting to local cultures, customs, tastes, and preferences in the host country. Hiring local managers, sourcing locally, and developing local brands are all part of the localization strategy. By adopting a localization strategy, the foreign acquisition firm can demonstrate its commitment to the host country, create jobs for the locals, and foster community development. This can help reduce hostility and increase acceptance of the foreign acquisition in the host country.

One Way to Address Hostility to Foreign Acquisitions in the Host