Potential outcomes of licensing agreements are
A)increased profits.
B)prolonged profitability.
C)inflexibility.
D)franchising.
E)Any or all of these.

Question

Quizplus · Accepted Answer

Licensing agreements can result in increased profits and prolonged profitability for both parties involved. However, they can also lead to inflexibility and limitations on the licensee's ability to innovate or adapt the licensed product. In some cases, licensing agreements may also serve as a precursor to franchising, but this is not always the case. Therefore, the best answer is E, as any or all of these outcomes are possible with licensing agreements.

Potential Outcomes of Licensing Agreements Are