Which of the Following Is an Advantage Inherent in the Use

question 123

Multiple Choice

Which of the following is an advantage inherent in the use of licensing?

• A)The licensor retains control of its product.
• B)The licensor is protected from creating a potential competitor.
• C)It provides an exemption from domestic trade regulations.
• D)There is an increase in potential profit compared with direct investment.
• E)The licensee gains information about the dynamics of the market.

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Definitions:

Operant Conditioning Principles

A method of learning that employs rewards and punishments for behavior. It encourages the recurrence of a behavior with a positive reinforce or decreases it by negative reinforce.

Unconditional Positive Regard

A concept in psychology that refers to accepting and supporting a person regardless of what they say or do, especially in a therapist-client relationship.

Operant Conditioning

An approach to behavior modification that relies on the leveraging of rewards or the infliction of punishments to adjust behavior levels.

Token Economy

A behavior modification system that utilizes tokens as a form of currency for positive behaviors, which can later be exchanged for desired rewards or privileges.