Which of the Following Is an Example of Licensing

question 17

Multiple Choice

Which of the following is an example of licensing?

• A) Saks Inc. entered China by giving a retail chain in China the authority to use Saks Fifth Avenue name for a flagship department store in Shanghai.
• B) An Indian automobile manufacturing company buys engines from a Japanese manufacturer for its environmentally friendly cars.
• C) A South-Korean consumer electronics manufacturer produces the screens for its brand of television and sends orders to a factory in China to manufacture the casing for the television.
• D) A U.K-based motorcycle manufacturer produces limited-edition customizations of the company's stock models and sells it to customers around the world.

---

Definitions:

Psychosurgeries

Surgical operations on the brain to treat psychological disorders or to rectify behavioral disorders.

Drug Treatments

The use of pharmaceutical medications to treat or manage diseases and conditions.

Prefrontal Lobotomy

A surgical procedure, once used to treat mental disorders, that involved severing connections in the brain's prefrontal lobe.

Nobel Prize

A prestigious international award given annually in several categories including Physics, Chemistry, Medicine, Literature, Peace, and Economic Sciences, recognized for outstanding contributions in these fields.