With a ________,A Firm Gives Another Firm the Right to Produce

question 112

Multiple Choice

With a ________,a firm gives another firm the right to produce and market its product in a specific country or region in return for royalties.

• A)licensing agreement
• B)franchising agreement
• C)direct investment
• D)marketing mix alliance
• E)joint venture

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Definitions:

Obligate Aerobes

Organisms that require oxygen for cellular respiration and cannot survive without it.

Cyanobacteria

A phylum of bacteria that obtain their energy through photosynthesis and are known for their role in the Earth's early atmosphere's oxygenation.

Mosasaur

A group of extinct, large marine reptiles resembling large lizards that lived during the Late Cretaceous period and are known from fossil records.

Plesiosaur

Ancient marine reptiles with long necks and flippers, which lived during the time of the dinosaurs, in the Mesozoic Era.