Licensing Is NOT Attractive to Which of the Following Firms

question 34

Multiple Choice

Licensing is NOT attractive to which of the following firms?

• A)firms lacking the capital to develop operations overseas
• B)firms unwilling to commit substantial financial resources to an unfamiliar market
• C)firms requiring tight control of operations for realizing experience curve and location economies
• D)firms wanting to explore markets but prohibited from doing so by investment barriers
• E)firms with intangible properties with business applications that it does not want to develop itself

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Definitions:

Ritual

A set of actions or ceremonies performed in a prescribed order, often with symbolic meaning, typically for religious or cultural reasons.

Motor Skills

The abilities required to control the movements and functions of muscles and limbs.

Meal Time

Specified times of the day designated for eating meals, which can vary culturally and individually but often include breakfast, lunch, and dinner.

Experiment

A scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.