Major Drawbacks of Licensing Include

question 4

Multiple Choice

Major drawbacks of licensing include

• A)The risk of losing the capital investment.
• B)The risk of the local government changing international trade policies.
• C)The loss of control and the possibility of creating a new competitor.
• D)All of the above

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Definitions:

Affluent Consumers

denotes individuals or groups with significant disposable income, capable of purchasing goods and services beyond their basic needs.

Commercial Products

Goods produced for sale on the open market, serving consumer needs and generating profit for manufacturers.

Rapid Population Growth

A significant increase in the population of an area, often leading to overpopulation and environmental strain.

Developing Countries

Nations with a lower living standard, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries.