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3 October, 05:26

Skye Pye Corporation, a U. S. firm, wishes to participate, but limit its involvement, in Middle Eastern markets. Skye Pye empowers Alem, Ltd., a United Arab Emirates firm, to enter into contracts in certain countries on Skye Pye's behalf. This is

A) a distribution agreement

B) an agency relationship.

C) indirect exporting.

D) licensing.

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Answers (1)
  1. 3 October, 05:54
    0
    D) licensing

    Explanation:

    Licensing is when a company gives another company legal permission to manufacture it's own products in return for a specific payment. It can also apply to a service business like fast food or hotel (hospitality service).
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