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A firm lets another company use its manufacturing process for a fee. This is:
AListening
BLettering
CLightening
DLicensing
Answer & Solution
Correct answer: D. Licensing
1. No factory is built abroad.
2. The right to use is what is sold.
3. It is licensing.
_Source: OpenStax Introduction to Business, Chapter 3, Competing in the Global Marketplace._
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