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Eli Lilly Has Agreed to Let a South African Company

Question 103

Multiple Choice

Eli Lilly has agreed to let a South African company manufacture several of Eli Lilly's diabetes drugs and pay Eli Lilly a fee to distribute the drugs with a different brand name in South Africa.Eli Lilly is engaging in


A) licensing.
B) franchising.
C) countertrading.
D) a strategic alliance.
E) a greenfield venture.

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