_____ helps a domestic company to enter a foreign market with little or no investment costs.

Question

Quizplus · Accepted Answer

Foreign licensing allows a domestic company to enter a foreign market by giving a foreign firm the right to use their intellectual property (such as patents, trademarks, or copyrights) in exchange for a fee or royalty. This allows the domestic company to generate profit without having to invest in setting up operations in the foreign market.

_____ Helps a Domestic Company to Enter a Foreign Market