Why do acquisitions, as a foreign market entry mode often fail?
Please chose one reason.
There is a clash between the cultures of the acquiring and
acquired firm.
Acquisitions take a long time to execute compared to greenfield
investments.
Acquisitions are easily preempted by making greenfield
investments.
The revenue and profit stream generated by an acquisition are
well known in advance.
Losses produced by intangible assets outweigh profits from
acquired tangible assets.
In assessing which foreign markets to enter, companies...