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:

SEM

Stands for Standard Error of the Mean, a statistical measurement that estimates the accuracy with which a sample mean represents the population mean.

Factor Analysis

A statistical technique designed to discover the fundamental factors or elements that account for the observed correlation patterns among a collection of variables.

Eta Analysis

A statistical method for measuring the association between qualitative and quantitative variables.

MANOVA

Multivariate Analysis of Variance, a statistical approach used to test the difference between group means on several dependent variables at once.