In International Dealings,turnkey Operations Are

question 71

Multiple Choice

In international dealings,turnkey operations are

• A) a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC.
• B) a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country.
• C) when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce.
• D) when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time.
• E) contracting for construction of operating facilities in exchange for a fee.

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