Question

The government of Ethipeo seeks the help of Newrange Refineries, which has its home base in the country of Lisdon, in building an oil refinery in Ethipo. Once the setup is complete, technicians from Newrange would require to train their workers at the newoil refinery in Ethipeo. Once all the staff members are trained to operate and maintain the facillity, Newrange will hand over the keys to the government of Ethipeo, which would operate it then on. This scenario exemplifies the entry mode of _____

a. licensing

b. joint venture

c. turnkey operation

d. franchising

Answer 1

1. C. Turnkey operations

When we consider the above scenario, since the refinery is being handed over to the government in the end, it represents a turnkey operation.