What is a licensed product? Why have corporations seized on licensing?

What will be an ideal response?


A licensed product is one whose brand name has been licensed to other manufacturers that actually make the product. Corporations have seized on licensing to push their company names and images across a wide range of products — from bedding to shoes — making licensing a multibillion dollar business.

Business

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Which of the following is most likely a low-involvement purchase?

A. a new car B. a bottle of shampoo C. a computer D. a vacation E. a home

Business

Generally, minerals, crops, and timber are personal property both while attached to the land and

when severed from the land. Indicate whether the statement is true or false

Business

Many preferred stocks have a provision that entitles a company to repurchase its preferred stock

from their holders at stated prices over a given time period. What is the name of this provision? A) callable B) convertible C) putable D) cumulative

Business

The advertised weight on a can of soup is 10 ounces. The actual weight in the cans follows a uniform distribution and varies between 9.3 and 10.3 ounces

a. Give the mathematical expression for the probability density function. b. What is the probability that a can of soup will have between 9.4 and 10.3 ounces? c. What is the mean weight of a can of soup? d. What is the standard deviation of the weight?

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