Which of the following statements is true of licensing?
A. The core brand is partially responsible for financially supporting the company seeking the license.
B. It involves a payment of fee to the core brand.
C. All the benefits of a licensed product go to the core brand, and the core brand enjoys limited liability.
D. The core brand takes on negligible risks in the licensing agreement.
Answer: B
You might also like to view...
Which of the following is an example of retailing?
A) Dylan's sends catalogs to retail, industrial, and institutional customers. B) SEZ U Inc. sells a limited line of fast-moving goods to small retailers for cash. C) BEL Inc. sells consumer packaged goods to merchant wholesalers and distributors. D) Praxis International sells products to consumers directly through the Internet. E) Hub Styles procures its raw materials directly from farmers in the region.
Fast-food workers coming together to share their grievances about low pay, teachers sharing classroom tips with each other, and students rating their professors, are all examples of an ______ communication network.
A. informal B. unsubstantiated C. unofficial D. unapproved
A revolving credit account
A) allows you to make purchases up to a credit limit. B) requires complete repayment each billing period. C) must be renewed each billing period. D) is for large purchases with a set repayment schedule.
______ are constraints that form the corner points at the boundaries of the feasible solution region and limit the values of the decision variables, which in turn, limit the objective function values.
a. Binding constraints b. Nonbinding constraints c. Redundant constraints d. Optimal constraints