A __________ is an international business approach that typically grants access to unique manufacturing technology, a special patent or trademark rights.
A) licensing agreement
B) joint venture
C) management contract
D) wholly owned subsidiary
E) franchise

Question

Quizplus · Accepted Answer

Licensing agreements allow a company to grant another company access to its proprietary technology, patents, or trademarks, enabling the licensee to manufacture and sell products using the licensor's intellectual property.

A __________ Is an International Business Approach That Typically Grants