A software company in China has decided to become a multinational enterprise (MNE). The company desires to completely own its subsidiary and requires a fast entry mode. In addition, the company wants to enter into business immediately without requiring to add a new capacity. In this scenario, which of the following modes of entry will be most appropriate for the company?
A. Greenfield operation
B. Acquisition
C. Licensing
D. Build-operate-transfer agreement
Answer: B
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