Licensing is when a company ____.
A)allows another company to pay it a fee to train its employees
B)allows a foreign company to pay it a fee to make or distribute the first company's product or service
C)pays a competitor a fee to avoid a company's territory
D)develops a strategic plan for another organization
E)barters goods for goods in lieu of a monetary payment

Question

Quizplus · Accepted Answer

In licensing,a company allows a foreign company to pay it a fee to make or distribute the first company's product or service.

Licensing Is When a Company ____