Acquisition of an Existing Firm Rather Than Via Internal Development

question 37

Multiple Choice

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.

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Definitions:

Ascocarps

The fruiting bodies produced by ascomycete fungi, which contain the spore-producing structures.

Mycelia

Mycelia are the vegetative parts of fungi, consisting of a network of fine, thread-like structures called hyphae.

Ascocarp

The fruiting body of an ascomycete.

Fruiting Body

The reproductive structure of fungi and other plants which releases spores.