What is the term for when a firm buys another, usually smaller, firm? O a. Partnership O b. Acquisition O c. Conglomerate O d. Strategic Alliance O e. None of the above A company's is how it conducts its business outside the borders of its home country. O a. International Strategy O b. Foreign Strategy O c. External Strategy O d. Foreign Policy O e. Foreign Affairs A firm competing in an international market for cost advantages is an example of what concept? O a. Access to New Customers O b. Diversification of Business Risk O c. Offshoring O d. Economies of Scale O e. Lowering Costs Which of the following reasons is NOT one of the main reasons why executives are enticed to enter new markets? O a. Access to new/more customers O b. Diversified product line O c. Lower costs Time left 0:22:53 Which of these is not one of the four CAGE dimensions? O a. Financial distance O b. Economic distance O c. Administrative distance O d. Geographic distance O e. Cultural distance