Which of the following forms of business relationships lets a company grant patent rights, trademark rights, and the rights to use technological processes to another company in a foreign country?
A. Licensing
B. Exporting arrangements
C. Joint ventures
D. Consortia
E. Strategic understandings
Ans: A. Licensing
Business
You might also like to view...
Freemen Company's western territory's forecasted income statement for the upcoming year is as follows
Sales revenue $800,000 Variable costs 500,000 Contribution margin $300,000 Fixed costs 496,000 Operating income (loss) $(196,000 ) Freemen Company's management is considering dropping the western territory. This move would be financially advantageous only if the company could eliminate $196,000 of fixed cost. Indicate whether the statement is true or false
Business
A business that has captured 25% market share in a $1 million market has total sales of $250,000
Indicate whether the statement is true or false
Business