Which of the Following Is True of Licensing as a Form

question 2

Multiple Choice

Which of the following is true of licensing as a form of global market entry?

• A) A company can expand its market reach with almost no capital or marketing costs.
• B) It allows a licensor to directly involve in the overseas market and user's needs.
• C) It can restrict the growth of domestic competitors in an overseas market.
• D) A company's resources cannot be exploited by another company.

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Definitions:

Board of Commissioners

A group of elected or appointed members who oversee the administrative and legislative functions of a county or local government.

Issuing Permits

The administrative process of granting official permission for activities that are regulated, such as construction or business operations.

Conducting Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Managing Property

The act or process of overseeing and handling real estate and its maintenance, often involving rent collection, tenant relations, and building upkeep.