Cross-border acquisitions are primarily made to: Group of answer choices overcome barriers to entry in another country. reshape the firm's competitive scope. take advantage of higher education levels of labor in developed countries. reduce the cost of new product development.

Question

Natasha Kelley

Business

15 March, 09:26

Cross-border acquisitions are primarily made to: Group of answer choices overcome barriers to entry in another country. reshape the firm's competitive scope. take advantage of higher education levels of labor in developed countries. reduce the cost of new product development.

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Answers (1)

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Kristen · Answer 1

Overcomes barriers to entry in another county.

Explanation:

Cross border acquisitions: Buying assets for your company in another country.

Most companies tend to relocate itself beyond the border to get the idea of international market, and gain a competitive advantage for themselves in their domestic market. The primary reason for a company to relocate is, getting an entry in the market of of another company which looks profitable. By acquisition the barriers would be gone.