Which of the following describes a cross-licensing agreement?
A) allocation of exclusive rights to a licensee to prevent competition
B) an agreement between two or more companies not to compete in each other's home countries
C) an exchange of explicit knowledge for tacit knowledge
D) the exchange of intangible property rights between two or more companies
D
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Which of the following is true of backward-looking metrics?
A) They tell a company where it stands with respect to current performance. B) They provide insights on future performance. C) They are applied at regular intervals during an operating period. D) They include company metrics such as late deliveries and late payments. E) They include marketing metrics such as customer awareness and customer satisfaction.
Which of the following is a feature of a common market?
A. Absence of a common external trade policy with regard to nonmembers B. Free movement of factors of production between member nations C. Establishment of barriers to the free flow of goods between member nations D. Lack of administrative machinery to oversee trade relations with nonmembers E. Mandatory use of a common currency among member nations