A legal process in which one firm pays to use or distribute another firm's resources, including products, trademarks, patents, intellectual property, or other proprietary knowledge is called
A. joint venture.
B. contract manufacturing.
C. licensing.
D. franchising.
E. branding.
Answer: C
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Which of the following groups influences the company's ability to obtain funds?
A) financial publics B) local publics C) general publics D) citizen-action publics E) internal publics
Activity-based costing and generally accepted accounting principles differ in that ABC
a. does not define product costs in the same manner as GAAP. b. cannot be used to compute an income statement, but GAAP can. c. is concerned only with costs generated from automated processes, but GAAP is concerned with costs generated from both manual and automated processes. d. information is useful only to managers, while GAAP information is useful to all organizational stakeholders.
Jesse stood in line for ________ hour, hoping he could purchase a standby ticket
a. an b. a
Quotas are limits on the amounts of goods that can be exported
Indicate whether the statement is true or false