To what extent do you agree with the views of the Commercial Director who sees the licensing proposal as a quick way to increase profitability and cash flow without major investments in time and energy by Textech? Explain the advantages and disadvantages of the licensing deal.

To what extent do you agree with the views of the Commercial Director who sees
the licensing proposal as a quick way to increase profitability and cash flow without
major investments in time and energy by Textech? Explain the advantages and
disadvantages of the licensing deal.