Which of the Following Is an Advantage of Licensing

question 41

Multiple Choice

Which of the following is an advantage of licensing?

• A) It is ideal for products, services, or knowledge that is highly complex.
• B) It is easy to maintain control over how the licensed asset is used.
• C) It requires very little capital investment in the foreign market.
• D) It guarantees a basis for future expansion in the market.

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Definitions:

Markdown

A reduction from the original or list price of goods, often to encourage sales.

Table Saws

Tools with a fixed blade and a flat surface, used for cutting large pieces of wood with precision.

Markdown Rate

The percentage decrease from the original price of an item to its new sale price.

Raisins

Dried grapes often used in cooking and baking or eaten as a snack.