EOM Question $14\mathrm{.}3\mathrm{.}1$

$2$ tries left

One potential advantage of licensing is that a

licensor can use it to upgrade current technologies or processes.

licensee can use it as a cost$-$effective strategy to expand internationally.

licensor should use it to lend strategically important technology to others.

licensor can use it as a cost$-$effective strategy to expand internationally.

One potential drawback of licensing is that a

licensor might award a license for political reasons.

licensor might lend strategically important property to future competitors.

licensee might award a license for political reasons.

licensor often exposes its employees to political and social turmoil abroad. $$