Which of the following statements is NOT true?
A) Entrepreneurs and small businesses do not play an important role in expanding foreign direct investment flows.
B) Increasing globalization is causing a growing number of international companies from emerging markets to undertake foreign direct investment.
C) The desire to increase a firm's global competitiveness drives many cross-border mergers and acquisitions.
D) Companies may pursue mergers and acquisitions to fill gaps in their product lines.

Question

Quizplus · Accepted Answer

The statement "Entrepreneurs and small businesses do not play an important role in expanding foreign direct investment flows" is not true. In fact, many small businesses and entrepreneurs engage in foreign direct investment to expand their international presence and reach new markets.

Which of the Following Statements Is NOT True