Firms for which licensing is not a good option are clustered in 1. Industries with intense cost pressure 2. High-tech industries 3. Global oligopolies.
COMPLETE QUESTION - Name the firms for which licensing is not a good option are clustered in which three industries?
A license is an agreement via which a licensee rentals the rights to a legally blanketed piece of highbrow assets from a licensor — the entity which owns or represents the property — to be used at the side of a services or products.
A license is granted by a celebration (licensor) to another party (licensee) as an element of an agreement among the ones events. inside the case of a license issued via a government, the license is received by means of making use of for it. in the case of a private birthday party, it's far with the aid of a selected settlement, typically in writing (consisting of a lease or other settlement).
Specially, a license may be issued with the aid of government, to allow an activity that might in any other case be forbidden. it is able to require paying a rate or proving a capability (or both). The requirement might also serve to hold the authorities knowledgeable on a type of pastime, and to offer them the possibility to set situations and limitations.
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