Which of the following is a type of joint venturing?
A) trade embargo
B) licensing
C) direct investment
D) direct exporting
E) indirect exporting

Question

Quizplus · Accepted Answer

Licensing is a type of joint venturing where a company provides the right to use its intellectual property (such as patents, trademarks, or technology) to another company in exchange for royalties or other forms of compensation. This allows the licensee to produce and sell products using the licensor's intellectual property without incurring the high costs of developing it themselves.

Which of the Following Is a Type of Joint Venturing