Which of the Following Is True of Licensing as a Mode

question 91

Multiple Choice

Which of the following is true of licensing as a mode of entry into foreign markets?

• A) The licensor grants the rights to tangible property to a licensee.
• B) A licensing agreement grants rights to intangible property to a licensee for an unspecified period.
• C) The licensee puts up most of the capital necessary to get the overseas operation operational.
• D) The licensor bears the development costs and risks associated with opening a foreign market.
• E) A licensing agreement allows a licensor to maintain control over its technological know-how.

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Definitions:

Superstitious Behavior

Actions performed based on irrational beliefs that certain outcomes can be influenced by specific, unrelated behaviors.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Obsessive-compulsive Disorders

Mental illnesses marked by an individual's engagement in repetitive thoughts and behaviors that are performed to alleviate anxiety or distress.

Anal Development

In psychoanalytic theory, a stage of early child development centered on the control of bowel movements, which can influence personality traits.