As a mode of international market entry, licensing agreements pose the following limitation(s) :
A) a firm has less control over a license than over its own exporting or manufacturing abroad.
B) licensing agreements include a time limit and additional extensions (beyond the first) that may not be readily permitted by a number of foreign governments.
C) the licensee may become an important competitor in the future.
D) all of the answer choices.
E) both licensing agreements include a time limit and additional extensions (beyond the first) that may not be readily permitted by a number of foreign governments and the licensee may become an important competitor in the future.
Correct Answer:
Verified
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