Multiple Choice
Licensing obligates a firm to provide ____, while franchising obligates a firm to provide ____.
A) a specialized sales or service strategy; its technology
B) its technology; a specialized sales or service strategy
C) its technology; its technology
D) a specialized sales or service strategy; a specialized sales or service strategy
E) its technology; an initial investment
Correct Answer:

Verified
Correct Answer:
Verified
Q37: If markets were perfect, then labor and
Q38: The agency costs of an MNC are
Q39: A centralized management style, where major decisions
Q40: Licensing is the process by which a
Q41: International trade is the most common form
Q43: Which of the following is an example
Q44: The most risky method(s) by which firms
Q45: If a U.S. firm sets up a
Q46: The valuation of an MNC is reduced
Q47: A purely domestic firm may be affected