Licensing Would Be a Good Option for Firms in Which

question 60

Multiple Choice

Licensing would be a good option for firms in which of the following industries?

• A) High-technology industries in which protecting firm-specific expertise is of paramount importance.
• B) Global oligopolies, in which competitive interdependence requires that multinational firms maintain tight control over foreign operations.
• C) Industries in which intense cost pressures require that multinational firms maintain tight control over foreign operations.
• D) In fragmented, low-technology industries in which globally dispersed manufacturing is not an option.

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Definitions:

Mortgage Interest

The interest charged on a loan used to purchase a property, which is often tax-deductible for homeowners.

Vacation Home Properties

Real estate properties owned for personal use as a vacation getaway, which may also generate rental income.

Primarily Rental

Refers to property or real estate primarily used for rental purposes, where the primary intent is to generate rental income from tenants.

Personal Use

The use of a property or asset for individual needs or consumption, not for business or professional purposes.