Pro-creations Corp.,a tool manufacturing company,has decided to expand its business internationally.Consequently,the company has paid a contractor to construct a manufacturing facility and an office.When the project is complete and ready for operation,the contractor will hand over the facility to Pro-creations Corp.to pursue its business.This mode of entry into international market is an example of _____.
A) a franchise
B) a greenfield project
C) a joint venture
D) a turnkey project
Correct Answer:
Verified
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