If an entrepreneur gives another company the rights to manufacture and sell his or her product in exchange for a fee it is known as
A) a slotting fee.
B) high-product advantage.
C) licensing.
D) agent wholesaling.

Question

Quizplus · Accepted Answer

Licensing is when an entrepreneur grants another company the rights to manufacture and sell their product in exchange for a fee.

If an Entrepreneur Gives Another Company the Rights to Manufacture