When Grand Metropolitan, a British company, purchased U.S.-based Pillsbury Co. in order to expand its product line and the market for its existing consumer products, it was an example of a(n):

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29-11-2021
Business

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When Grand Metropolitan, a British company, purchased U.S.-based Pillsbury Co. in order to expand its product line and the market for its existing consumer products, it was an example of a(n):

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Martebi Martebi · Answer 1 · 2021-12-06T11:10:05+01:00

Companies do invest in foreign firms for profits. It was an example of a Foreign direct investments.

Foreign direct investments (FDI) are commonly referred to as substantial investments that company do engage into a foreign way.

It is known to be a stage of cross-border investment where investor resident in one economy set up a long interest in and a good extent of influence over an enterprise resident in another economy.

It often help the economic problems of developing countries and also boast forward internal policy reforms.

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