which of the following is an advantage of turnkey projects
Ability to earn returns on process technology skills in countries where FDI is restricted A _____ is an arrangement whereby one party grants the rights to intangible property to another party for a specified period, and in return receives a royalty fee. Which of the following is an example of an industry in which cross-licensing agreements are increasingly becoming common? D. B. competing with the local firm in the global market. It can be less risky than conventional FDI. It helps create competition which in turn increases the quality of production. it avoids the often substantial costs of establishing manufacturing operations in the host country. B. A. A turnkey strategy is particularly useful where FDI is limited by host-government regulations. A primary drawback is that the contractor designs and develops the solution, which minimizes the client's ability to control project details. 35. B. A drawback of a(n) _____, a mode of entry into foreign markets, is that the firm that uses this strategy will have no long-term, Turnkey projects being short-term propositions can be disadvantageous for a firm if a country subsequently proves to be a. major market for the output of the process that has been exported. A distinction can be drawn between firms whose core competency is in which of the following? Which of the following countries presents a favorable benefit-cost-risk trade-off scenario for foreign expansion? What is Turnkey project The term turn-key project (Turn-key delivery) describes a projec t(or the delivery of such) in which the supplier or provider is responsible to the client for the entire result of the project and presents it to the client completely finished and ready to use. A turnkey contract is one in which an independent agent agrees to furnish materials and labor to finish a project and then turn it over to the owner for a fixed price. Read more . In international business, a product that is not widely available in a foreign market and satisfies an unmet need: In which of the following situations can an international business command higher prices for a particular product in a foreign market? It helps create competition which in turn increases the quality of production. This illustrates how acquisitions may fail because: The risk of failure of an acquisition can be reduced by: To reduce the risks of failure of an acquisition, managers must: Which of the following is a disadvantage of greenfield ventures? b) Will not create a competitor . A turnkey contract is one in which an independent agent agrees to furnish materials and labor to finish a project and then turn it over to the owner for a fixed price. University of Economics Ho Chi Minh City • BUS 101, University of Economics Ho Chi Minh City • ECONOMICS 17C1 BUS50, University of Economics Ho Chi Minh City • KINH DOANH 101, Copyright © 2020. Which of the following is a reason why firms often overpay for the assets of an acquired firm? Which of the following is an advantage of joint ventures as a mode of entry into foreign markets? A. This preview shows page 9 - 11 out of 101 pages. 61. A licensing agreement grants rights to intangible property to a licensee for an unspecified period. How can a wholly owned subsidiary be established in a foreign market? Why do firms pursuing global standardization or transnational strategies tend to prefer establishing wholly owned subsidiaries? A primary benefit of a turnkey contract is that the solution is ready to use as soon as the project is completed, according to Cambridge Dictionaries Online. In exporting, problems with local marketing agents can be overcome by: In which of the following modes of entry into foreign markets does a firm agree to set up an operating plant for a foreign client and hand over the plant when it is fully operational? Why should a high-tech firm avoid selecting licensing as a mode of entry? Which of the following modes of entry into foreign markets is most suitable for Axiom International? Which of the following is an advantage of turnkey contracts? Which of the following factors determines the value that an international business can create in a foreign market? A. The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of . The high-level managers at Tazel quit because they could not cope with the domineering and straightforward approach of their American counterparts. It can be less risky than conventional FDI. C. chemical, pharmaceutical, and metal refining. What triggers the conflict of interest over strategy and goals in joint ventures? A turnkey strategy is particularly useful where FDI is limited by host-government regulations. A turnkey strategy can be more risky than conventional FDI. Which of the following is an advantage of acquisitions as a means of entering foreign markets? The firm needs to select a mode of entry that would give it access to local knowledge, allow sharing of development costs and risks, and also be politically acceptable.