One of the problems with licensing as a method of achieving international business is that it is a much more difficult procedure to implement than the other methods.

Question

Quizplus · Accepted Answer

Licensing is actually one of the easiest methods to implement for international business as it involves granting rights to use a company's intellectual property or products to another company in exchange for a fee or royalty. The other methods such as direct investment or joint ventures may involve more complex procedures and legal regulations.

One of the Problems with Licensing as a Method of Achieving