What is an advantage of turnkey projects as a mode of entry into foreign markets?
A) It is an ideal way to gain entry into a country where FDI is not limited by government regulations.
B) It is a useful strategy to earn great returns from the know-how of a technologically complex process.
C) It is an ideal way to establish a firm's long-term presence in a foreign country.
D) It helps protect a firm's competitive advantage.
E) The firm that enters into a turnkey project with a foreign enterprise avoids giving rise to potential competitors.

Question

Quizplus · Accepted Answer

Turnkey projects allow firms to earn returns from their technological expertise by setting up a fully operational facility for a foreign client, which is particularly beneficial for complex processes.

What Is an Advantage of Turnkey Projects as a Mode