12.2k views
2 votes
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 ____

1 Answer

3 votes

Answer:

direct foreign investment

Step-by-step explanation:

Foreign direct investment (FDI) is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased.

User Innerpeacer
by
5.1k points