A special form of licensing in which one company grants another company the right to market its product in accordance with its standards in exchange for a financial commitment is called
A. a joint venture.
B. contract manufacturing.
C. direct licensing.
D. franchising.
E. a strategic alliance.
Answer: D
You might also like to view...
Companies that fail to formulate adequate responses to the challenges and opportunities of globalization will face all of the following consequences except:
A) getting absorbed by visionary enterprises. B) getting absorbed by dynamic enterprises. C) becoming locally profitable enterprises. D) undergoing wrenching transformations. E) simply disappearing from the business horizon.
If the volume of domestic investment is $32 billion?, net exports is $10 billion, and budget deficit is $5 billion, what is the volume of domestic savings?
A. ?$47 billion B. ?$38 billion C. ?$29 billion D. ?$16 billion
At Fred’s job in Bedrock, Mr. Slate expects every employee to arrive to work on time, to have their work completed on schedule, and to cash their paychecks within three days of receiving them. Mr. Slate’s attention to timeliness is something he is trying to instill in his employees. This is an example of which of the following?
A. assumption B. artifact C. value D. assimilation
Which of these always cause a decrease in owner's equity?
a. an increase in expenses and an increase in revenue; b. a decrease in expenses and a decrease in revenue; c. a decrease in expenses and a decrease in capital; d. a decrease in expenses and an increase in revenue; e. none of these.