Which of the Following Is an Advantage of Foreign Licensing

question 133

Multiple Choice

Which of the following is an advantage of foreign licensing over exporting?

• A) access to the local partners' pricing
• B) use of the local partner's distribution channels
• C) capital investment in foreign country
• D) slow entry into a foreign market

---

Definitions:

Moral Standards

Are principles of behavior based on ideas of right and wrong that guide individual or group actions within society.

Social Control

Mechanisms, strategies, and practices used by societies or institutions to regulate individual or group behavior and ensure conformity and compliance.

Theoretical Approach

A fundamental and systematic set of concepts and ideas proposed to explain phenomena or guide investigation and interpretation.

Important Purpose

Refers to a significant aim or goal that drives actions or strategies, typically resulting in meaningful outcomes.