Which of the following is true of a licensing agreement?
A) It is not applicable to international businesses or foreign markets.
B) It restricts a company's entry into a foreign market.
C) It permits one company to sell another company's products abroad.
D) It involves dividing resources and skills between companies in order to achieve different goals.
E) It involves expanding abroad in order to take advantage of inexpensive labor costs.
Correct Answer:
Verified
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