IBI101_-_FA_2024_-_FE_3013.webp
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IBI101_-_FA_2024_-_FE_3013.webp

Kizspy | Question: 27 (Choose 1 answer)
Many Western firms that sold oil-refining technology to firms in Gulf states now find themselves competing
with these firms in the world oil market. This is an example of:
A. the firm entering into a turnkey project with a foreign enterprise, inadvertently creating a competitor.
B. the firm entering into a turnkey deal having no long-term interest in the foreign country.
C. the country subsequently proving to be a major market for the output of the process that has been
exported.
D. selling the firm's process technology through a turnkey project which is also selling competitive advantage to potential competitors.

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