Which International Entry Strategy Involves Building a Manufacturing Facility and Distribution

question 1

Multiple Choice

Which international entry strategy involves building a manufacturing facility and distribution system from scratch?

• A) franchising
• B) joint venture
• C) green-field development
• D) turnkey operation
• E) management contract

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Definitions:

Average Cost

The total cost of production divided by the number of goods produced, also known as cost per unit.

Copper

A reddish-brown, malleable, ductile metallic element with high electrical and thermal conductivity, used in many alloys and as electrical conductors.

Zinc

A metallic chemical element with the symbol Zn and atomic number 30, used in alloys and as a protective coating for iron and steel.

Factor Prices

The prices of inputs such as labor, capital, land, and raw materials used in the production of goods or services.