____________________ Is a Type of Entry Mode in Which a Foreign

question 37

Multiple Choice

____________________ is a type of entry mode in which a foreign licensor grants specified intangible property rights to the local licensee for a specified period of time in exchange for a royalty fee.

• A) Domestic licensing
• B) International franchising
• C) International licensing
• D) Domestic franchising

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Definitions:

Social Media Platforms

Online tools or websites that enable users to create and share content or participate in social networking.

Policy Decision

A formal decision made by an organization or government regarding principles, plans, or courses of action to be followed.

Tendencies

Inclinations or propensities to think, behave, or proceed in a particular way.

Congruence

The degree to which elements are in agreement or harmony with each other.