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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1537 |
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This agreement is for a specified period of time, and the licenser receives a fee from the licensee (9). Licensing agreements are good because there are low development costs and risks. However, with these lower costs and risks comes even less control. There is very little control over strategic operations, technology, or location (9)...
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There is very little control over strategic operations, technology, or location (9). In addition, higher revenues are harder to come by due to the small licensing fees.
Company-owned subsidiaries give the company 100% ownership of the stock of the subsidiary (9). In foreign countries a company-owned subsidiary can be set up in two ways...
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