Marketing Management

74) Licensing Licensing is a typical strategy for outside business sector passage, and can be characterized as the right given by a current business that has a setup name (Licensor) to another business (Licensee) to fabricate, disperse and offer products or administrations utilizing its name. It is very like the franchising. Joint Ventures A Joint Venture can be characterized as an undertaking in which two or more organizations cooperate and share proprietorship and control over item rights and operation. Inside of a Joint Venture, two organizations utilize one another's skills to satisfy a specific reason and make a benefit or misfortune in the concurred proportion. Direct Investment The direct venture is ordinarily utilized by expansive organizations. Answer 02 Advertising Advertising is any paid type of non-individual presentation and advancement of thoughts, products, or administrations by a distinguished patron.Advertising is the best practical approach to teaching indivi...