represent(s)a market entry strategy whereby one company permits a foreign company to make use of its patents, know-how, technology, company name, or other intangible assets in return for a royalty payment. A) Joint venturesB) One-hundred-percent ownershipC) LicensingD) ExportingE) Global strategic alliances

C) Licensing

Explanation:

-Joint venture is when two companies make an agreement to share resources to accomplish a specific goal.

-One-hundred-percent ownership is when a company enters into a new marketing creating a subsidiary that is fully owned by that company.

-Licensing is when a company gives a foreign organization the right to use its knowledge, name, process among others in exchange for a payment.

-Exporting is when a company send products that are produced in one country to a foreign market.

-Global strategic alliances is when a company makes an agreement with another company to create a venture and share its ownership to enter into a new market.

According to this, the answer is that licensing represent(s)a market entry strategy whereby one company permits a foreign company to make use of its patents, know-how, technology, company name, or other intangible assets in return for a royalty payment.

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