B. 61. Which of the following is a distinct advantage of exporting. 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. Jupiter Systems is a high-tech firm looking to set up operations in a foreign country. Which of the following describes a turnkey project? It helps create competition which in turn increases the quality of production. It can be less risky than conventional FDI. Both methods have their advantages and disadvantages. In international business, an advantage of being a late entrant in a foreign market is the ability to: According to Christopher Bartlett and Sumantra Ghoshal, how can local companies differentiate themselves from foreign multinationals? Why should a high-tech firm avoid selecting licensing as a mode of entry? b) Will not create a competitor . A. B. Which of the following modes of entry into foreign markets can result in a lack of control over quality? Which of the following statements is true of turnkey projects? B. competing with the local firm in the global market. The client also normally does not pay for the solution until it is finished. 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? Which of the following is true of licensing as a mode of entry into foreign markets? Read more . Which of the following factors determines the value that an international business can create in a foreign market? When should a firm configure its value chain to maximize value at each stage? 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. The firm can get around this problem by: In terms of licensing, which of the following is an intangible property? It is an ideal way to establish a long-term presence in a foreign country. A. It is a useful strategy to earn great returns from the know-how of a technologically complex process. The firm can get around this problem by: In a(n) _____,a mode of entry into foreign markets, a firm grants the rights to intangible property to another firm for a specified. 35. 61. 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. Which of the following modes of entry would be most favorable to the firm if it wants to keep a tight control over its technology? It is an ideal way to gain entry into a country where FDI is not limited by government regulations. Which of the following is a disadvantage of small-scale entry for an international firm considering foreign expansion? A turnkey strategy is particularly useful where FDI is limited by host-government regulations. C. It is an ideal way to establish a long-term presence in a foreign country. A. Axiom International, an Australian company, wants to expand its operations to China, a country that is politically, culturally, and economically different. A distinction can be drawn between firms whose core competency is in which of the following? Which of the following is an advantage of turnkey contracts? A turnkey contract also has a fixed price included in the contract. Which of the following is a course of action suggested by Christopher Bartlett and Sumantra Ghoshal for companies based in developing nations? Like any other key project or industrial factor, this also has its own advantages and disadvantages. 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. Turnkey project execution in India is certainly most-dealt-with aspect in an industry. It can be less risky than conventional FDI. Which of the following is an advantage of turnkey projects as a mode of entry into foreign markets? Answers: a. Which of the following statements is true of turnkey projects? d) All the above. A. Which of the following is an example of a first-mover advantage? it avoids the often substantial costs of establishing manufacturing operations in the host country. period, and in return, receives a royalty fee. Which of the following is a disadvantage of wholly owned subsidiaries as a mode of entry into foreign markets? Licensing is NOT attractive to which of the following firms? It is a useful strategy to earn great returns from the know-how of a technologically complex process. C. chemical, pharmaceutical, and metal refining. Why do firms pursuing global standardization or transnational strategies tend to prefer establishing wholly owned subsidiaries? Spring, an American firm, recently acquired another company, Tazel Inc., in Indonesia. A. Which of the following is a reason why a relatively poor country may be an attractive target for inward investment? 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. Which of the following is true of the costs and risks associated with doing business in a foreign country? Which of the following is a disadvantage of franchising? 76. The firm can get around this problem by: A. selling competitive advantage to competitors. It is an ideal way to gain entry into a country where FDI is not limited by government regulations. Small-scale entry into a foreign market makes it difficult to build market share because it: Which of the following is the most likely outcome of a foreign firm entering a developed nation on a small scale after other international businesses in the firm's industry? C. A licensor grants the rights to tangible property to a licensee. Which of the following is an advantage of turnkey projects as a mode of entry into foreign markets? b. Which of the following is an advantage of turnkey projects as a mode of entry into foreign markets?   Terms. Which of the following is an advantage of acquisitions as a means of entering foreign markets? B. It helps create competition which in turn increases the quality of production. A primary drawback is that the contractor designs and develops the solution, which minimizes the client's ability to control project details.   Privacy Which of the following is an advantage of turnkey projects? Which of the following is an advantage of turnkey projects as a mode of entry into foreign markets? What triggers the conflict of interest over strategy and goals in joint ventures? Which of the following is an example of an industry in which cross-licensing agreements are increasingly becoming common? Advantages It allows a country to share technological factors. Which of the following is an advantage of joint ventures as a mode of entry into foreign markets? Which of the following is a drawback of licensing as a mode of entry into foreign markets? Which of the following modes of entry into foreign markets is most suitable for Axiom International? Turnkey project. Which of the following types of entry into a foreign market allows a firm to learn about the foreign market while limiting the firm's exposure to that market? Which of the following postulates that top managers typically overestimate their ability to create value from an acquisition? Which of the following is an advantage of turnkey projects as a mode of entry, 7 out of 10 people found this document helpful. C. It is an ideal way to establish a long-term It is an ideal way to gain entry into a country where FDI is not limited by government B. How can a wholly owned subsidiary be established in a foreign market? Franchising as a mode of entry into foreign markets is employed primarily by: Which of the following is an advantage of franchising as a mode of entry into foreign markets? The licensor maintains control over its technological know-how. The risks associated with learning to do business in a new culture are less if the firm: Which of the following is true of international firms considering foreign expansion? B. Which of the following modes of entry is suitable for service firms where the risk of losing control over the management skills or technological know-how is not much of a concern, and where the firms' valuable asset is their brand name? The firm's core competency is in technological know-how. The turnkey option has been used for a long time, mainly in building civil infrastructure projects, or with public and governmental bids, or when the project has a high level of complexity and there is a well-defined scope on behalf of the owner.

which of the following is an advantage of turnkey projects

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