Which of the Following Statements Is True of Licensing

question 78

Multiple Choice

Which of the following statements is true of licensing?

• A)Licensing restricts finances needed for international expansion.
• B)Cross licensing grants a company the right to use a property but does not grant it sole access to a market.
• C)A major advantage of licensing is that it is the least risky method of international expansion.
• D)Licensing increases the likelihood that a licensor's product will appear on the black market.

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Definitions:

Attracted

The state of being drawn to or interested in something or someone, often due to qualities that are appealing or desirable.

Case Study Method

A research strategy that involves the in-depth study of a single individual or group to explore complex issues, patterns, and characteristics.

Childhood Development

The physical, cognitive, emotional, and social changes that occur from birth until the end of adolescence, as the individual progresses from dependency to increasing autonomy.

Jean Piaget

A Swiss psychologist renowned for his pioneering work in the field of developmental psychology, especially his theory of cognitive development in children.