An Advantage of Licensing as a Method of Entering Global

question 121

Multiple Choice

An advantage of licensing as a method of entering global competition is that the

• A)licensing company need not bear the costs and risks of opening up an overseas market.
• B)licensing company has control over its technology.
• C)licensing company has control over quality levels.
• D)licensing company has lower communication costs.
• E)licensee has lower production costs.

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Definitions:

ISO14031

An international standard that provides guidelines for evaluating environmental performance through the use of environmental performance indicators.

Sustainability Perspective

Viewing decisions and practices through the lens of their long-term impact on environmental, economic, and social well-being.

Balanced Scorecard (BSC)

A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, and prioritize projects, products, and services.

Eco-Intensity Measures

Quantitative assessments that evaluate the environmental impact of a company's activities in relation to its economic value, typically aimed at reducing negative environmental effects while maintaining productivity.