CONTENT:
Name:University:Course:Tutor:Date:International businessWhy have most foreign direct investments gone into acquiring existing companies rather than establishing new ones?Multinational corporations are a welcome source of foreign direct investment to many countries. When multinationals are seeking to invest in new markets, they may choose to do so through mergers with existing indigenous establishment or take over such establishments through direct acquisitions (Ball 64). This is a means for accessing new markets in foreign countries by multinational corporations. The term used to refer to such entry into new markets is foreign direct inv...