1. _____ is a contractual arrangement in which one firm grants access to its patents, trade secrets, or technology to another for a fee.
A. A management contract
B. Contract manufacturing
C. A joint venture
D. Licensing
2. A _____ is an arrangement by which one firm provides management in all or specific areas to another firm.
A. management contract
B. licensing agreement
C. management buy-out
D. distributed transaction