As a Part of Their New Business Expansion Strategies,an Italian

question 8

Multiple Choice

As a part of their new business expansion strategies,an Italian company,manufacturing car accessories,licensed a local firm in Kenya for production of car sun shades.After running a successful business for one year,the Kenyan firm manufactured its own car shades with local resources and started selling them at lower rates.This was a violation of the _____ clause in licensing agreements which prohibits the licensee from providing goods or services that are competitive with those supplied by the licensor.

• A)granting
• B)requirements
• C)exclusive dealing
• D)technical service

---

Definitions:

Utility

The total satisfaction received from consuming a good or service.

Raven Progressive Matrices

A nonverbal group test typically used to measure abstract reasoning and general intelligence.

Mean Performance

Refers to the average outcome or score achieved by a group in a test or task, calculated by dividing the sum of all individual scores by the number of scores.

Generations

Groups of individuals, typically within a society, born and living at about the same time, known for having shared experiences.