What contractual form of governance uses an arrangement under which one organization permits another to use its technology in return for the payment of a fee?
A) alliance
B) licensing
C) joint venture
D) contract manufacturing

Question

Quizplus · Accepted Answer

Licensing is a contractual arrangement where one organization allows another to use its technology, brand, or product in exchange for a fee or royalty.

What Contractual Form of Governance Uses an Arrangement Under Which