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Question

In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee:


A

Licensing

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B

Contract manufacturing

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C

Joint venture

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D

None of these

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Solution

The correct option is A

Licensing


In licensing, the domestic manufacturer gives the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee.


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