What Is the Primary Advantage of Licensing

question 25

Multiple Choice

What is the primary advantage of licensing?

• A) It helps a firm avoid the development costs associated with opening a foreign market.
• B) It gives a firm the tight control over manufacturing, marketing, and strategy.
• C) It helps a firm achieve experience curve and location economies.
• D) It increases a firm's ability to utilize a coordinated strategy.

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Definitions:

Furosemide

A diuretic medication used to treat edema (excess fluid retention) and hypertension by increasing urine production.

Hyponatremia

A condition where there is an abnormally low level of sodium in the blood.

Sodium Diet

A dietary plan focusing on the reduction or control of sodium intake, often recommended to manage or prevent hypertension.

Fluid Restriction

A medical instruction to limit the amount of fluid intake, usually due to certain health conditions.