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Nestl S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the
Nestl S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics. The company announced today that it will build three new manufacturing facilities in Ivory Coast (West Africa), the largest world producer of cocoa beans, early next year to transform cocoa beans produced in that country, into chocolate. Given the currently high unemployment rate in Ivory Coast (i.e. especially among the youth) the country is very much interested in attracting foreign direct investment that would create lots of jobs in that country. Nestle plans to use a labor-intensive production process at all of these three plants in the country. Based on this declaration, we conclude that the company will be transferring: Group of answer choices Appropriate technology. Inappropriate technology
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