_______ takes advantage of a firm's competency in the area of assembling and running technologically complex projects.
A) Licensing
B) Exporting
C) Turnkey projects
D) Franchising
E) Greenfield investments

Question

Quizplus · Accepted Answer

Turnkey projects involve a firm taking on the responsibility of assembling and running a technologically complex project for a client. Therefore, this option best fits the description given in the question. Licensing involves granting permission to use intellectual property, exporting involves selling products or services to another country, franchising involves granting permission to use a business model, and greenfield investments involve building new facilities from scratch in a foreign country.

_______ Takes Advantage of a Firm's Competency in the Area