Which of the Following Is a Disadvantage of Licensing

question 84

Multiple Choice

Which of the following is a disadvantage of licensing?

• A) The licensing company gains entry into a foreign market at a high risk.
• B) It takes a lot of time for the licensee to gain production expertise and name.
• C) Licensing is a complex way for a manufacturer to enter international marketing.
• D) The licensor potentially creates a competitor in the form of the licensee.
• E) The licensee is restricted from gaining knowledge about the licensor's intellectual property.

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Definitions:

Repressed Memories

Memories that an individual has unconsciously blocked from their conscious mind due to the distress they cause.

Psychologists

Professionals specialized in the study of the mind and behavior, addressing a wide range of concepts, from basic processes to complex mental health disorders.

Unpleasant Memories

Recollections of past events that evoke negative emotions.

Abuse

The improper treatment of someone or something, often causing harm or injury.