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16 March, 03:24

Greyer Co. manufactures surgical instruments. Systems Medico establishes a contractual arrangement with Greyer Co., according to which the firm can use Greyer manufacturing methods and management structure to produce and sell surgical instruments. Systems Medico must pay a yearly fee to Greyer Co.

a) licensor

b) contract manufacturer

c) licensee

d) intrapreneur

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Answers (1)
  1. 16 March, 03:49
    0
    c) licensee

    Explanation:

    Licensee is the term which can be used for Systems Medico in this scenario.
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