Metro Hotels, a U.S.hotel chain, has transferred several of its employees to Myanmar where they will work for three or four years before returning to the United States.The employees will be working with a Myanmar hotel to provide it with their extensive knowledge regarding how to run a hotel.Metro is most likely involved in a ________.
A) franchise
B) turnkey operation
C) joint venture
D) management contract
Correct Answer:
Verified
Q49: Licenses are often given to companies owned
Q50: Hotel chains are large providers of international
Q51: In a licensing arrangement, it is rare
Q52: Patents, copyrights, and trademarks are all examples
Q53: For the provider, management contracts offer the
Q55: An argument for limiting foreign control of
Q56: A licensing agreement is a contract for
Q57: What is a turnkey operation?
A)a contract for
Q58: Why do turnkey operators often require a
Q59: What is a master franchise?
A)the original agreement
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