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A Turn-Key Project Is Best Defined As

Question 33

Multiple Choice

A turn-key project is best defined as: 


A) a method of doing business whereby a foreign entrepreneur supplies the manufacturing technology or infrastructure for a business and then turns it over to local owners
B) giving a foreign manufacturer the right to use a patent in return for the payment of a royalty
C) a method in which an entrepreneur contracts his or her management techniques and skills to a (foreign) purchasing company
D) a form of direct foreign investment in which the investing entrepreneur holds a minority ownership position in the foreign venture

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