Which of the following statement is true?
1. In licensing, financial risk is on the licensee and there is less investment from the parent firm.
2. Joint venture focuses on specific project or other business activity.
3. The focus of the company should be to get the right product, to the right place, at the right time.
A. Both 1 and 3
B. Both 2 and 3
C. Both 1 and 2
D. All of the above
Answer: Option D
This Question Belongs to Management >> Marketing
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