All of the following statements about licensing are correct except for:
A) Distribution strategy is usually part of any preliminary discussion with the foreign partner.
B) Domestic firms receive royalty payments without committing their own money and time to producing the products or services.
C) Licensing is an agreement that allows a firm in one country (the licensee) to use the proprietary assets of another company located in another country (the licenser) .
D) Licensing allows the domestic firm more control than exporting over how the product is distributed in the foreign market.
E) The specific supply chain functions are carried out by the licenser using the established distribution systems of the foreign market.
Correct Answer:
Verified
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