In the 1960s,RCA Licensed Its Leading-Edge Color Television Technology to a Number

question 122

Multiple Choice

In the 1960s,RCA licensed its leading-edge color television technology to a number of Japanese companies,which later took over the market.This demonstrates that licensing:

• A)is a better alternative to help companies from emerging economies to enhance their competitiveness and achieve growth.
• B)subscribes to the open source ideology which aids the development of technology unencumbered by market dynamics and fluctuations.
• C)may result in a firm's giving away valuable technological know-how to a potential foreign competitor.
• D)does not give a firm the tight control over manufacturing,marketing,and strategy in a foreign country that may be required to maximize its profitability.

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Definitions:

Vandalism

Vandalism is the act of intentionally damaging or destroying property, often as an expression of dissent, anger, or for the sake of destruction itself.

Pillars of Capitalism

Fundamental principles or structures supporting the capitalist system, including private property, competitive markets, and profit motive.

Trade Unionists

Individuals who are members of organizations that aim to protect and advance the interests of workers.

Private Ownership

The legal right of individuals or entities to own property and assets, allowing for control and use as deemed fit by the owner.