Licensing is an important business arrangement in both domestic and international markets.

Name: Licensing is an important business arrangement in both domestic and international markets.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

Licensing allows companies to expand their reach into new markets by granting permission to another party to use their intellectual property (such as patents, trademarks or copyrights) for a fee. This can be beneficial both domestically and internationally.

Licensing Is an Important Business Arrangement in Both Domestic and International