________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales.
A) Global sourcing
B) Exporting
C) Subsidizing
D) Licensing

Question

Quizplus · Accepted Answer

Licensing is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales. Global sourcing is the practice of procuring goods or services from suppliers located overseas. Exporting is the process of selling goods or services produced in one country to customers located in another country. Subsidizing is financial support given by the government or an organization to a particular industry or business to keep the prices low or mitigate losses.

________ Is the Practice Wherein an Organization Gives Another Organization