Your Company Would Like to Capitalize on the Valuable Know-How

question 6

Multiple Choice

Your company would like to capitalize on the valuable know-how it possesses in petroleum refining technology.However,the governments of many oil-rich countries have set out to build their own petroleum refining industries and have consequently restricted FDI in their oil and refining sectors.These countries lack petroleum-refining technology,though.Which of the following strategies would enable your company to export its process technology to these oil-rich countries?

• A)Joint venture strategy
• B)Greenfield investments
• C)Mergers and acquisitions
• D)Turnkey strategy

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Definitions:

Customer Profile

A detailed description of a business's typical or ideal customers, including demographic, psychographic, and behavior information.

Smart

Characterized by intelligent planning and execution, often applied to strategies, devices, or individuals that exhibit adaptability, innovation, and efficiency.

Order Size

The quantity of goods or services ordered in a single transaction.

Customer Benefit Plan

A strategy or offering designed to provide additional value to customers, encouraging loyalty and repeat business.