Which of the Following Is an Advantage of Foreign Licensing

question 133

Multiple Choice

Which of the following is an advantage of foreign licensing over exporting?

• A) access to the local partners' pricing
• B) use of the local partner's distribution channels
• C) capital investment in foreign country
• D) slow entry into a foreign market

---

Definitions:

Copper-Bronze

An alloy primarily of copper with tin, characterized by its strength and corrosion resistance, used historically for making tools, weapons, and art.

Soapstone Monolith

A large, singular piece of soapstone, often carved or utilized as a monument or sculpture.

Great Zimbabwe

An ancient city in southern Africa, notable for its impressive ruins made of massive stone walls, symbolizing a significant civilization.

Benin Waist Pendant

is a type of traditional jewelry from the Benin Empire, often made of ivory, brass, or bronze, symbolizing wealth and status.