One part of the company is responsible for setting up the plant and equipment while another operates the plant in a:
A) Greenfield operation.
B) licensing operation.
C) wholly owned subsidiary.
D) turnkey operation.

Question

Quizplus · Accepted Answer

A turnkey operation is a type of project where a company provides a complete solution to a client after setting up the plant and equipment and also operating the plant. It is also known as a "design and build" or "turnkey project." Therefore, choice D is the best answer as it fits both parts of the company's responsibilities mentioned in the question.

One Part of the Company Is Responsible for Setting Up