Which of the Following Is an Advantage of Licensing

question 44

Multiple Choice

Which of the following is an advantage of licensing?

• A) The licensee is not required to invest money in the business.
• B) The licensor has more control over the licensee than it does in its own operations.
• C) The licensee gains recognition without having to develop a product from scratch.
• D) The licensor earns profits without having to share its intellectual property with anyone.
• E) The licensor faces no threats of competition from the licensee after the contract ends.

---

Definitions:

Career Choices

The selection of a specific path or profession based on interests, values, skills, and opportunities in the workforce.

Strengths

Individual characteristics, abilities, and skills that are regarded as assets and contribute positively to overall performance or well-being.

Clinical Psychologists

Professionals specializing in diagnosing and treating mental illness, emotional disturbances, and dysfunctional behavior through psychotherapy.

Providing Therapy

The practice of treating psychological disorders and emotional difficulties through professional counseling and psychological techniques.