Which of the following types of payments are usually received by an exporter as an ongoing payment calculated as a percentage of the license holder's sales?
A) Flat fees
B) Royalties
C) Agent fees
D) Subsidies
E) Direct investments
Answer: B
Explanation: B) The exporter receives a fee plus ongoing payments, or royalties, calculated as a percentage of the license holder's sales.
You might also like to view...
______________________________ is the modification of existing applications
Fill in the blank(s) with correct word
To find the most comprehensive information about a company's performance during the year, one would look to
A) interim financial statements. B) the annual report sent to the SEC. C) The Wall Street Journal. D) the annual report sent to stockholders.
Which tactic for influencing others is the offer of participation or consultation in the decision-making process?
a. Inspirational appeals b. Ingratiation c. Consultation d. Personal appeals
Most firms operate in monopolistic competition, where products and whole marketing mixes are not exactly the same.
Answer the following statement true (T) or false (F)