Which of the Following Is an Advantage Inherent in the Use

question 159

Multiple Choice

Which of the following is an advantage inherent in the use of licensing as a global market entry strategy?

• A) The licensor retains control of its product.
• B) The licensor is protected from creating a potential competitor.
• C) It provides an exemption from domestic trade regulations.
• D) There is an increase in potential profit compared with direct investment.
• E) The licensee gains information that allows it to start with a competitive advantage.

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Definitions:

Controlling Uncertainty

Efforts or strategies employed to manage or mitigate the unpredictability inherent in various aspects of life and decision-making processes.

Patrimonialism

A form of governance where all power flows directly from the leader, typically without a clear distinction between public and private realms.

Primary Patriarchalism

The original or fundamental system where men hold power over women in society.

Feudalism

A medieval European political, economic, and social system characterized by the granting of land in exchange for military service, operating on a hierarchy of lords and vassals.