This mode of international market participation permits a client to require a complete operational system, together with skills sufficient to allow the unassisted maintenance and operation of the system. Once the package agreement is on line, the system is owned, controlled, and operated by the client. This provides an apt description of:
A) licensing.
B) a turnkey operation.
C) a joint venture.
D) contract manufacturing.
E) importing.
Correct Answer:
Verified
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Q25: Multinational firms have traditionally managed operations outside
Q26: _ involves sourcing a product from a
Q27: In _, firms pursue separate strategies in
Q28: Included among the contractual modes of international
Q29: In pursuing international entry options, joint ventures
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