Which of the Following Is an Advantage of Licensing

question 91

Multiple Choice

Which of the following is an advantage of licensing?

• A) It allows companies to earn additional profits without investing more money.
• B) It provides licensors an exclusive right to conduct business in a particular location.
• C) It allows companies to bear only part of the costs and the risks of that business.
• D) It gives the parent company complete control over the foreign facilities.

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Definitions:

Descriptive Method

A research method aimed at describing characteristics of a population or phenomenon, often through observation, surveys, or case studies.

Naturalistic Observation

An investigative approach where individuals are watched in their natural settings without any interference from the person observing.

Experiment

A method of investigation in the sciences or social sciences in which variables are manipulated to observe the effect on some behavior or condition.

Testable Prediction

A testable prediction is a specific statement about the expected outcome of a scientific experiment, based on a hypothesis or theory, that can be observed and measured.