The Zolloffe Co.is exploring options for entering into international markets.Time is of the essence.The key stakeholders have expressed that the primary concern is that Zolloffe gain access to new markets as quickly as possible in order to spur corporate growth.What type of entry would be best for Zolloffe?
A) Exporting
B) A strategic alliance
C) An acquisition
D) Licensing

Question

Quizplus · Accepted Answer

An acquisition allows a company to quickly enter a new market by purchasing an existing company, providing immediate access to the market and its established operations.