In today's global economy, many companies are looking for ways to cut costs. One of the major costs for companies is shipping goods overseas. To reduce this, firms actively seek foreign direct investments they can acquire that will allow them to produce their goods across borders, thereby avoiding high overseas shipping costs. However, there may be potential problems with these types of acquisitions.

• Discuss one of these issues and a potential solution for acquiring a foreign company. Provide specific details to support your responses.

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One potential issue with acquiring foreign companies to reduce shipping costs is cultural integration challenges When a company acquires a foreign fir... View the full answer