An Arrangement in Which the Firm Allows Another the Right

question 73

Multiple Choice

An arrangement in which the firm allows another the right to use an entire business system in exchange for fees, royalties, or other forms of compensation is known as ________.

• A) franchising
• B) licensing
• C) outsourcing
• D) offshoring

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Definitions:

Temporal

Relating to time or the timing of events, or to the temples of the skull.

Fibrous Joints

Joints made up of connective tissue fibers, typically allowing little to no movement, such as the sutures in the skull.

Hyaline Cartilage

A type of connective tissue found in many areas in the bodies of humans and other animals, providing support with some flexibility.

Red Blood Cells

Cells in the blood which carry oxygen from the lungs to the body's tissues and returns carbon dioxide from the tissues back to the lungs.