Multiple Choice
Hobart Pty Ltd has just completed an agreement under which a foreign- owned firm will be given the right to use Hobart Pty Ltd's manufacturing process in return for the payment of a stipulated annual fee. Hobart Pty Ltd is engaged in:
A) joint ownership.
B) management contracting.
C) contract manufacturing.
D) licensing.
E) joint venturing.
Correct Answer:

Verified
Correct Answer:
Verified
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