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16 July, 08:32

Granting a foreign company the right to manufacture your product your product or to use your firm's trademark in return for a fee is called:

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  1. 16 July, 11:05
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    The correct answer is : licensing

    During licensing process, a licensor company granted another company to use their brand of productsBut the licensor company does not take part in the operational process. They licencor only receive some payment in exchange of using their brand
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