Kizspy | Question: 28
(Choose 1 answer)
Which of the following is a disadvantage of licensing?
A. It does not help firms that lack capital to develop operations overseas.
B. It does not give a firm the tight control over strategy that is required for realizing experience curve and location economies.
C. It cannot be used when a firm possesses some intangible property that might have business applications.
D. The firm has to bear the development costs and risks associated with opening a foreign market.
