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:

Delegate Option

The process of assigning responsibility and authority to others to complete a clearly defined and agreed upon task while retaining ultimate responsibility for its success.

Vroom-Jago Leader-Participation Model

A decision-making framework that helps leaders choose the appropriate level of employee participation based on the situation.

Delegates to Group Members

The act of assigning responsibility or authority from a leader to members within the group, often to enhance involvement and efficiency.

Ivory

Hard, white material made from elephant tusks and used for carving and making various objects.