Firms for Which Licensing Is Not a Good Option Include

question 61

Multiple Choice

Firms for which licensing is not a good option include those in

• A)low-technology industries.
• B)global oligopolies.
• C)industries characterized by low cost pressures.
• D)industries where transportation costs are high.
• E)industries which need to have low control over foreign operations.

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Definitions:

Scenario Planning

Planning that identifies alternative future scenarios and makes plans to deal with each.

Royal Dutch/Shell

A global group of energy and petrochemical companies, known for its innovations in oil and gas exploration.

Future Shocks

A term by Alvin Toffler referring to the distressing disorientation felt when individuals or societies experience too much change in too short a time.

Benchmarking

The use of external and internal comparisons to plan for future improvements.