_____ Means Selling the Right to Use Some Process, Trademark

question 26

Multiple Choice

_____ means selling the right to use some process, trademark, patent, or other right for a fee or royalty.

• A) Licensing
• B) Management contracting
• C) Joint venturing
• D) Exporting
• E) Direct investment

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Definitions:

Job Rotation

Job rotation is a workforce management practice where employees are moved between various jobs or tasks to learn new skills, prevent job burnout, and promote cross-functional understanding.

Employee Development Plans

Structured programs or strategies designed to enhance an employee's skills and competencies for career advancement.

Learning And Development Activities

Programs and initiatives aimed at improving employee skills, knowledge, and competencies to enhance performance and career progression.

Link Competencies

The process of connecting specific skills, knowledge, and behaviors to business strategies, roles, and outcomes.