Question

"Bardron, an information technology company in the country of Conimount, wanted to start its business in the country of Bertholt. Hence, it bought Lecden Corp, a severely underperforming information technology company in the country of Bertholt. This scenario is an example of _____

asked Aug 22, 2017 in Business by Stigma
A) strategic alliance
B) direct foreign investment
C) direct export
D) joint venture"

Answer 1

c

Step-by-step explanation:

Answer 2

The correct answer is letter "B": direct foreign investment.

Step-by-step explanation:

Direct foreign investment is an important part of global economic integration. Direct foreign investment is a type of cross-border investment, intending to create a lasting interest that a resident company based in one country could have in a company operating in another.

Various strategies such as building new facilities or plants overseas, creating cross-border mergers or acquisitions will achieve direct foreign investment.