Which of the Following Is True of Licensing/franchising

question 21

Multiple Choice

Which of the following is true of licensing/franchising? 

• A) The licensor/franchisor has to bear the full costs and risks associated with foreign expansion. 
• B) The licensing/franchising strategy creates very limited competitors. 
• C) The licensor/franchisor has the ability to coordinate globally. 
• D) The licensor/franchisor does not have tight control over technology and marketing.

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Definitions:

Republican Nomination

The process by which the Republican Party in the United States selects its candidate for a major political office, such as the presidency.

Progressive Party

A political party in the United States that advocated for social and political reform, most active in the early 20th century with leaders like Theodore Roosevelt.

Progressive Party

A political party in the United States that advocated for reforms to address issues caused by the rapid industrialization and growth of corporations in the early 20th century.

Historical Significance

The importance attributed to a past event, character, or invention in shaping history and its impact on future generations.