Which of the Following Is a Disadvantage of Licensing

question 2

Multiple Choice

Which of the following is a disadvantage of licensing?

• A) It does not help firms that lack capital to develop operations overseas.
• B) It does not give a firm the tight control over strategy that is required for realizing experience curve and location economies.
• C) It cannot be used when a firm possesses some intangible property that might have business applications.
• D) The firm has to bear the development costs and risks associated with opening a foreign market.

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Definitions:

Coomer v. Kansas City Royals Baseball Corp.

A legal case that addressed the issue of spectator injuries at sporting events and the scope of liability for professional sports teams.

Hotdog Toss

A promotional or entertainment activity commonly seen at sports events where hotdogs are thrown or launched into the audience.

Reasonable Care

The level of care that an ordinary, prudent person would use in similar circumstances to avoid causing harm to others.

Price v. High Pointe Oil Company, Inc.

A legal case that may address issues related to negligence, contract, or other legal matters in the context of a dispute between a customer and an oil company.