MGT 302 CHAPTER 15 QUIZ
1. A firm that enters into a joint venture with another company reserves the right to keep
control of its own technology.
False
2. Which of the following is an advantage of turnkey contracts?
Ability to earn returns from process technology skills in countries where FDI is restricted
3. A firm can rapidly build its presence in the target foreign market through acquisitions.
True
4. In a turnkey project, the contractor agrees to handle every detail of the project for a
foreign client.
True
5. Access to local partner’s knowledge and shared development costs and risks are
advantages of which foreign market entry mode?
Joint venture
6. Which of the following is a pioneering cost?
Promoting and establishing a product offering
1. A firm that enters into a joint venture with another company reserves the right to keep
control of its own technology.
False
2. Which of the following is an advantage of turnkey contracts?
Ability to earn returns from process technology skills in countries where FDI is restricted
3. A firm can rapidly build its presence in the target foreign market through acquisitions.
True
4. In a turnkey project, the contractor agrees to handle every detail of the project for a
foreign client.
True
5. Access to local partner’s knowledge and shared development costs and risks are
advantages of which foreign market entry mode?
Joint venture
6. Which of the following is a pioneering cost?
Promoting and establishing a product offering
