Question

___________ is the technique to obtain permission from a company for using, manufacturing & selling one or more products within a definite market area.

(a) algorithm-licensing

(b) code-licensing

(c) item licensing

(d) product licensing

The question was posed to me in homework.

My question is taken from Corporate Cyber Security topic in division Security Ethics, Security Breach Scenarios & Corporate Security of Cyber Security

Answer 1

Correct answer is (d) product licensing

To explain I would say: Product licensing is the technique to obtain permission from a firm or organization for using, manufacturing & selling one or more products within a definite market area. This is done by the company for security reasons and usually takes a royal fee/amount from its users.