Licensing is a popular strategy because

Multiple Cholce

the llicensee has incentive to work hard and succeed because they have borne the cost.

It boosts domestic market revenues.

licensees spend little or no money to produce and market thelr products.

there are seldom any long$-$term contractual requirements.

involves setting the organization's vision, goals, and objectives.

Multiple Choige

$3(3)$

$$4$

Planning

$5$

Directing

Controlling

Organizing