Which of the Following Is an Advantage of Licensing

question 27

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 helps smaller local partners to link up with larger, more experienced foreign firms. 
• D) ​It gives the parent company complete control over the foreign facilities.

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Definitions:

BSA

An abbreviation often used for Body Surface Area, a measure of the total area of the human body used for dosing of certain medications.

Rule Of Nines

A method used in medicine to estimate the total body surface area affected by burns, critical for determining treatment protocols.

Antiseptic Soap

A type of soap containing chemical agents that slow or stop the growth of microorganisms, used to cleanse the skin.

Thoroughly Cleansed

Completely and meticulously cleaned to remove dirt, bacteria, and other contaminants.