Which of the following is an example of licensing?
A)An American electronics firm has given the right to a new process for manufacturing e-book readers to an electronics manufacturer in Canada.
B)An Indian automobile manufacturing company buys engines from a Japanese manufacturer for its environmentally-friendly cars.
C)A South-Korean consumer electronics manufacturer produces the screens for its brand of television and sends orders to a factory in China to manufacture the casing for the television.
D)A U.K-based motorcycle manufacturer, produces limited-edition customizations of the company's stock models and sells it to customers around the world.

Question

Quizplus · Accepted Answer

Licensing involves giving the right to use a particular technology, process or trademark to another company for a specific period of time. In this case, the American electronics firm has licensed the new process for manufacturing e-book readers to a Canadian electronics manufacturer.

Which of the Following Is an Example of Licensing