Which of the following is an advantage of turnkey projects as a mode o

QUESTION

Which of the following is an advantage of turnkey projects as a mode of entry into foreign markets?

A. It is an ideal way to gain entry into a country where FDI is not limited by government regulations.

B. It is a useful strategy to earn great returns from the know-how of a technologically complex process.

C. It is an ideal way to establish a firm’s long-term presence in a foreign country.

D. It helps protect a firm’s competitive advantage.

E. The firm that enters into a turnkey project with a foreign enterprise avoids giving rise to potential competitors.

ANSWER

B