All of the Following Are Advantages of Licensing EXCEPT

question 162

Multiple Choice

All of the following are advantages of licensing EXCEPT:

• A)the foreign country gains employment by having the product manufactured locally.
• B)the licensee gains information that allows it to start with a competitive advantage.
• C)the low risk to the company granting the license.
• D)the licensor's brand name can never be harmed as a result of the licensee.
• E)the capital-free entry into a foreign country.

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Definitions:

Organizational Culture

The communal norms, values, and beliefs that affect employees' attitudes, emotions, and behavior inside an organization.

Role Management Stage

A phase in career development where individuals focus on balancing and adjusting their roles within their professional settings to meet both personal and organizational expectations.

Organizational Socialization

The process through which new employees acquire the necessary knowledge, skills, and behaviors to become effective organizational members.

Socialization Adjustment Process

The process through which individuals learn and adapt to the norms, values, behaviors, and social skills necessary for integration into a new social group or culture.