All of the following statements about licensing are correct except for:   Select one:   a. Licensing allows the domestic firm more control than exporting over how the product is distributed in the foreign market.       b. Licensing is an agreement that allows a firm in one country (the licensee) to use the proprietary assets of another company located in another country (the licenser)     c. Domestic firms receive royalty payments without committing their own money and time to produce the products or services     d. The specific supply chain functions are carried out by the licenser using the established distribution systems of the foreign market.

Practical Management Science
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All of the following statements about licensing are correct except for:

 

Select one:

 

a. Licensing allows the domestic firm more control than exporting over how the product is distributed in the foreign market.

 

 

 

b. Licensing is an agreement that allows a firm in one country (the licensee) to use the proprietary assets of another company located in another country (the licenser)

 

 

c. Domestic firms receive royalty payments without committing their own money and time to produce the products or services

 

 

d. The specific supply chain functions are carried out by the licenser using the established distribution systems of the foreign market.

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