Which of the Following Is an Advantage Inherent in the Use

question 30

Multiple Choice

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

• A) The foreign country gains employment.
• B) There is an exemption from domestic trade regulations.
• C) There is an increase in potential profit gains.
• D) The licensee retains control of its product.
• E) The licensee is protected from creating a potential competitor.

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Definitions:

SFA

Acronym for Sales Force Automation, a system used to automate sales tasks, processes, and documentation, enhancing sales team efficiency.

CMA

Certified Management Accountant, a professional credential that signifies expertise in financial accounting and strategic management.

Sales Forecasting

The process of estimating future sales, based on past sales data, market trends, and other economic indicators.

Contact Management

The process of storing, organizing, and tracking information about individuals and their interactions with an organization.