__________are both examples of cooperative contracts.
A) Licensing and joint ventures
B) Franchising and licensing
C) Direct investment and indirect investment
D) Direct exporting and indirect exporting
E) Joint ventures and strategies alliances

Question

Quizplus · Accepted Answer

Licensing and franchising are both cooperative contracts where a company allows another entity to use its brand, product, or business model in exchange for fees or royalties.

__________Are Both Examples of Cooperative Contracts