Asked by aasiyyah ceasor on May 31, 2024
Verified
When Hrojo Chemicals engages in international business through a turnkey operation, it becomes responsible for developing the facility required to run a chemical factory in a foreign nation, along with the tasks of making the utility operational, training the staffs, and finally handing over the operations to the local owners. In this scenario, which of the following internationalization entry tactics is being used by Hrojo Chemicals?
A) The entry tactic of ally
B) The entry tactic of buy
C) The entry tactic of make
D) The entry tactic of donate
Turnkey Operation
A type of project that is constructed so that it can be sold or handed over to the buyer in a ready-to-use condition.
Chemical Factory
A facility where chemical processes are carried out, especially for manufacturing chemicals on a large scale.
- Decode the differences among tactics for global expansion, specifically "make," "buy," "ally," and more.
Verified Answer
TL
Thian LianUkMay 31, 2024
Final Answer :
C
Explanation :
The description provided matches the "make" entry tactic, where a company takes on the responsibility of constructing and making operational a facility in a foreign country, including training staff, before handing it over to local owners. This is characteristic of a turnkey operation.
Learning Objectives
- Decode the differences among tactics for global expansion, specifically "make," "buy," "ally," and more.
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