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one firm allows another to produce or sell its product, or use its trademark, patent or manufacturing processes, in a specific geographical area, in return, the firm gets a royalty or other compensation.
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∙ 14y ago
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A cosmetic company decides to let another company sell its product in New Zealand It doesn't have an office or a sales force there but will collect a royalty This is an example of?
A foreign licensing agreement.
What is the word for this for is an agreement between you and the software manufacturer that gives you the right to use the software?
"Licensing" agreement.
A cosmetic company decides to let another company sell its product in New Zealand it doesn't have an office or a sales force there but will collect a royalty this would be an example of?
A foreign Licensing agreement.
What is licensing as a foreign market entry?
Licensing is defined as "the method of foreign operation whereby a firm in one country agrees to permit a company in another country to use the manufacturing, processing, trademark, know-how or some other skill provided by the licensor". It is quite similar to the "franchise" operation. Coca Cola is an excellent example of licensing. In Zimbabwe, United Bottlers have the licence to make Coke. Licensing involves little expense and involvement. The only cost is signing the agreement and policing its implementation.
What is a licensing legacy agreement?
A licensing legacy agreement is a type of contract between two parties which gives authority for the use of something. This is commonly made between vendors and consumers on various products especially technological merchandise.
Is true about copying software?
Usually a licensing agreement attached to or embedded in the software (the end user licensing agreement, or EULA) will allow a certain number of copies to be made, for installation and backup. Further copying may be infringing.
What is true about copying software?
Usually a licensing agreement attached to or embedded in the software (the end user licensing agreement, or EULA) will allow a certain number of copies to be made, for installation and backup. Further copying may be infringing.
Is licensing proprietary technology to foreign competitors is the best way to give a firms competitive advantage?
Licensing proprietory technology to foreign competitors is the bes way to up a firms competitive advantage discuss
What has the author Enid Baird Lovell written?
Enid Baird Lovell has written: 'Researching foreign markets' 'The changing role of the international executive' 'Appraising foreign licensing performance' -- subject(s): Corporations, American, Foreign licensing agreements, American Corporations
Why is it important to read the licensing information that comes with clip art that you purchase?
If you use the clip art for something outside the terms of the licensing agreement, you can be sued for thousands of dollars.
What is the PFCTA?
PRIVATE FOREIGN CURRENCY TRANSACTION AGREEMENT
What is an example of an executive agreement?
An executive agreement is defined as being an agreement which is made between the president and a foreign country. One example of an executive agreement was NAFTA.
