A management contract is used only by manufacturing companies to earn income by providing expertise for a fee.
Correct Answer:
Verified
Q28: Licensing refers to a contractual agreement in
Q29: If a firm decides to become involved
Q30: Some firms do not grant licenses to
Q31: Historically, firms engaged in FDI have generally
Q32: The potential of licensing for generating income
Q34: It is not possible for foreign investors
Q35: Most of the foreign direct investment in
Q36: Licensing is a form of franchising.
Q37: Piracy is an option for helping a
Q38: The licensee generally pays a fixed sum
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