Question: A turn-key project is best defined as: Question 2 options: a) a form of direct foreign investment in which the investing entrepreneur holds a minority

A turn-key project is best defined as:

Question 2 options:

a)

a form of direct foreign investment in which the investing entrepreneur holds a minority ownership position in the foreign venture

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 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

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