Turnkey Projects, Being Short-Term Propositions, Can Be Disadvantageous for a Firm

question 39

Multiple Choice

Turnkey projects, being short-term propositions, can be disadvantageous for a firm if a country subsequently proves to be a major market for the output of the process that has been exported. The firm can get around this problem by

• A) selling competitive advantage to competitors.
• B) competing with the local firm in the global market.
• C) taking a minority equity interest in the operation.
• D) withholding vital process technology from the local firm.
• E) establishing a joint venture with a local firm.

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