Answer:
C) Licensing
Step-by-step 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.