Which of the following is an advantage of licensing?
A) It allows companies to earn additional profits without investing more money.
B) It provides licensors an exclusive right to conduct business in a particular location.
C) It allows companies to bear only part of the costs and the risks of that business.
D) It gives the parent company complete control over the foreign facilities.

Question

Quizplus · Accepted Answer

Licensing allows companies to earn additional profits without investing more money as they can charge royalties for allowing others to use their intellectual property or technology.

Which of the Following Is an Advantage of Licensing