When Mu Manufacturing Co. exports their technological know-how in exchange for a fee, they are entering foreign markets through a ________.

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When Mu Manufacturing Co. exports their technological know-how in exchange for a fee, they are entering foreign markets through a turnkey project. A turnkey project is a type of project where a company provides its expertise, technology, and services to its foreign clients on a fee basis. In this case, Mu Manufacturing Co. is providing its technological know-how to foreign clients in exchange for a fee, which is an example of a turnkey project. A strategic alliance involves a partnership between two or more companies, a franchise is a type of licensing agreement where the franchisor grants the right to use its business model, and a wholly-owned subsidiary is a type of business that is owned and controlled by a parent company.