Licensing would be a good option for firms in which of the following industries?
A. High-technology industries in which protecting firm-specific expertise is of paramount importance.
B. Global oligopolies, in which competitive interdependence requires that multinational firms maintain tight control over foreign operations.
C. Industries in which intense cost pressures require that multinational firms maintain tight control over foreign operations.
D. In fragmented, low-technology industries in which globally dispersed manufacturing is not an option.
Answer: D