Diners Corporation, a U.S. firm, signs a contract with Essen, A,G., a German firm, to give Essen the right to use Diners' trademark in restaurants in Germany. This is
A. a distribution agreement.
B. a joint venture.
C. direct exporting.
D. licensing.
Answer: D
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Which of the following statements is true of exchange and exchange-based transactions?
A. Exchange tactics may yield short-term compliance but likely elicit resistance. B. Exchange-based transactions often require you to complete your obligation now and the other party to complete their obligation in the future. C. Exchange relies on power through threat of punishment. D. Exchange-based transactions often require the other party to complete their obligation now and you complete your obligation in the future.
Only a lawyer can become an attorney-in-fact
Indicate whether the statement is true or false
A company is currently operating at 70% capacity producing 8,000 units. Cost information relating to this current production is shown in the following table:?Per UnitSales price$15.00Direct material$3.20Direct labor$7.10Variable overhead$0.05Fixed overhead$0.60The company has been approached by a customer with a request for a special order for 1,500 units. The sales price per unit for this special order is $10. Should the company accept the special order?
What will be an ideal response?
When faced with a labor deficit, an organization is mostly likely to
A. begin downsizing. B. lay off people for poor performance. C. offer outplacement to its employees. D. outsource work to contractors. E. make use of attrition to reduce the surplus.