What is the difference between international licensing and international franchising? What are the advantages of each entry mode?
What will be an ideal response?
International licensing occurs when one firm leases the right to use its intellectual property to another firm. International franchising is an arrangement whereby an independent organization or entrepreneur operates a business under the name of another. Both carry relatively low financial risk and allow the investor to learn more about the sales potential of its products in a new market without significant commitment of financial and managerial resources.
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Which of the following is not considered as subcategory of owner's Equity?
a. Revenue b. Withdrawal c. Assets d. Expense e. Contributed capital
The next dividend (Div1) is $1.80, the growth rate (g) is 6%, and the required rate of return (r) is 12%. What is the stock price, according to the constant growth dividend model?
A) $31.80 B) $30.80 C) $30.00 D) $15.00