Disadvantages of licensing are
A) They require large investments
B) Lack of control of the foreign operations
C) They require additional personnel
D) They require additional marketing efforts

Question

Quizplus · Accepted Answer

Licensing can lead to a lack of control over the licensee in terms of operations, quality, and other standards, as the licensor does not manage the day-to-day operations of the foreign entity.

Disadvantages of Licensing Are