________ Is the Practice Wherein an Organization Gives Another Organization

question 76

Multiple Choice

________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales.

• A) Global sourcing
• B) Exporting
• C) Subsidizing
• D) Licensing

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Definitions:

Opportunities

Prospects or situations that present possibilities for advancement, achievement, or success, often influenced by socio-economic factors.

Married Couples

Two individuals legally united through marriage, recognized both socially and legally, forming a primary social and economic unit.

Single Parents

Individuals who are raising children without the involvement of the other parent in the home.

Poverty

The state of having insufficient financial resources or material possessions for a minimum standard of living.