In Which of the Following Modes of Entry into Foreign

question 20

Multiple Choice

In which of the following modes of entry into foreign markets does a firm agree to set up an operating plant for a foreign client and hand over the plant when it is fully operational?

• A)Franchising agreement
• B)Turnkey project
• C)Licensing agreement
• D)Wholly owned subsidiary
• E)Joint venture

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Definitions:

Dematerialization

The process of reducing the use of physical resources in the production and consumption of goods and services, often through digital means.

Downsides

The negative aspects or disadvantages of a decision, action, or situation.

Future Employer

A prospective company or individual that one may work for in the coming future.

Communication Satellites

Spacecraft launched into orbit that enables wireless communication by relaying signals across the globe.