Cross-Border Acquisitions Are Primarily Made To

question 55

Multiple Choice

Cross-border acquisitions are primarily made to:

• A) reshape the firm's competitive scope.
• B) reduce the cost of new product development.
• C) take advantage of higher education levels of labor in developed countries.
• D) overcome barriers to entry in another country.

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Definitions:

Smart Refrigerator

An advanced fridge equipped with internet connectivity and features such as inventory monitoring, streaming media, and integration with other smart home devices.

Wireless Network

A network where devices connect and communicate using radio waves instead of wires, enabling mobility and flexibility.

Coffeemaker

A kitchen appliance used for brewing coffee from ground coffee beans or coffee pods.

IBM

A multinational technology and consulting company known for its hardware, software, and services in computing.