Which of the Following Is the Primary Disadvantage of Licensing

question 67

Multiple Choice

Which of the following is the primary disadvantage of licensing as a foreign market entry strategy?

• A) high transportation costs
• B) quality control
• C) It is usually a one-time activity.
• D) A firm loses partial control of its business operations.
• E) A firm in effect "teaches" a foreign company how to produce its proprietary products.

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Definitions:

Altruistic Suicide

A concept in sociology where an individual commits suicide for the benefit of others or for the greater good of their community or society.

Anomic Suicide

A concept in sociology referring to a form of suicide that occurs when an individual feels disoriented and disconnected from societal norms and values.

Imitative Suicide

A suicide act that follows or is inspired by another person's suicide, often publicized in the media.

Sociocultural View

A perspective in psychology that emphasizes the influence of cultural and social factors on an individual's behavior and mental processes.