Gray marketing of imported trademarked goods: tariffs and trademark issues Show
When a business sells the right to manufacture its products or use its trademark to another company?A firm (the licensor) may decide to compete in a global market by licensing the right to manufacture its product or use its trademark to a foreign company (the licensee) for a fee (a royalty). Licensing can benefit by: 1. gaining revenues it wouldn't have otherwise generated.
What entry strategy gives a firm the right to manufacture another firm's product or use its trademark for a royalty fee?Licensing is a business arrangement in which one company gives another company permission to manufacture its product for a specified payment. Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee.
When a company contracts with another company often in a different country to perform some or all of its functions it is called?Outsourcing is a business practice in which a company hires a third-party to perform tasks, handle operations or provide services for the company.
Is selling products in a foreign country at lower prices than those charged in the producing country?Dumping is a term used in the context of international trade. It's when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market.
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