Which of the following is an advantage of turnkey projects?
A)An ideal way to gain entry into a country where FDI is not limited by government regulations
B)Earning great returns from the technological know-how of running a complex process
C)Establishing a long-term presence in a foreign country
D)Protecting competitive advantage of process technology

Question

Quizplus · Accepted Answer

The know-how required to assemble and run a technologically complex process,such as refining petroleum or steel,is a valuable asset.Turnkey projects are a way of earning great economic returns from that asset.The strategy is particularly useful where FDI is limited by host-government regulations.

Which of the Following Is an Advantage of Turnkey Projects