Turnkey Projects Are a Short-Term Proposition

question 124

Multiple Choice

Turnkey projects are a short-term proposition.This can be a disadvantage for the firm if that 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 potential or actual competitors.
• B)competing with the client firm in the world market.
• C)taking a minority equity interest in the operation.
• D)withholding vital process technology from the client company.

---

Definitions:

Design Capacity

The maximum amount of work or throughput that a system, facility, or product was designed to handle effectively.

Correctional Supervision

A system of oversight for individuals who have been convicted of crimes, which can include incarceration, probation, and parole, aiming to rehabilitate offenders and protect the public.

Women's Prison

A detention facility specifically designated for the incarceration of female offenders.

Mass Incarceration Policies

Governmental policies that result in the large-scale imprisonment of individuals, often critiqued for their social and economic impacts.