Which of the Following Is NOT an Advantage of Using

question 55

Multiple Choice

Which of the following is NOT an advantage of using licensing as an entry strategy?

• A) avoids the tariffs and quotas usually imposed on exports
• B) gives licensors total control over the licensee's activities
• C) requires little investment which minimizes risk
• D) offers fast market access

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Definitions:

Achievement-Striving

A personality trait characterized by a strong desire to accomplish significant tasks and meet high standards of performance.

Self-Discipline

The ability to control one's feelings and overcome one's weaknesses; the ability to pursue what one thinks is right despite temptations to abandon it.

Conscientiousness

A personality trait characterized by being diligent, careful, thorough, self-disciplined, and responsible.

Openness to Experience

A personality dimension describing individuals who engage in open and imaginative thinking, are curious, and appreciate new experiences.