Which Statement Identifies a Risk of Licensing in an International

question 25

Multiple Choice

Which statement identifies a risk of licensing in an international market?

• A)The licensor doesn't know enough about the brand.
• B)The licensor may misuse trademarks.
• C)The licensor has to pay the licensee money to enter the arrangement.
• D)The licensor may end up creating its own competition.
• E)Locally owned licensees don't know much about the local customers.

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Definitions:

Sincere Apology

An expression of regret that is genuine and heartfelt, acknowledging wrongdoing and intending to mend a situation.

Compliance

Denotes the act of adhering to laws, regulations, standards, or ethical practices within a specific context.

Routine Request

A common or regular appeal for information, services, or action, usually made in a professional context.

Good Manners

The polite behaviors and actions that are considered appropriate and respectful in social interactions.