An Advantage of Licensing as a Method of Entering Global

question 88

Multiple Choice

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

• A)licensee bears most of the costs and risks associated.
• 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:

High-stress Job

Occupations that involve high levels of pressure and responsibility, often leading to increased stress and burnout.

Challenges

Difficulties that require a significant effort or skill to overcome.

Conscientiousness

A personality trait characterized by organization, responsibility, and dependability.

Big Five

A personality model that outlines five broad dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.