Solved

Which of the Following Is True of Licensing

Question 70

Multiple Choice

Which of the following is true of licensing?


A) Licensing is most frequently used in service industries.
B) Licensing refers to a business operation in a foreign country that a firm fully owns.
C) Under licensing, a firm that grants a license absorbs a lot of costs.
D) Under licensing, a firm gains complete control over how its technology is used.
E) Under licensing, the profits of a firm that grants a license are limited to the fees that it collects from the local firm.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents