Which of the Following Statements Is True of Turnkey Projects

question 23

Multiple Choice

Which of the following statements is true of turnkey projects?

• A) Turnkey projects are most common in industries which use simple, inexpensive production technologies.
• B) A turnkey strategy can be more risky than conventional FDI.
• C) A turnkey strategy is particularly useful where FDI is limited by host-government regulations.
• D) Firms that enter into a turnkey deal have a long-term interest in the foreign country.

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Definitions:

Nurturing

Providing support, care, and encouragement to help someone grow, develop, or succeed.

Cold and Distant

Describing someone as cold and distant means they are emotionally unresponsive, unfriendly, and tend to keep others at a distance.

Punishment

The process by which a behavior is weakened, decreasing the likelihood of repetition.

Permissive

A parenting or authoritative style characterized by low demands with high responsiveness.