1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Delicious77 [7]
2 years ago
5

Brand equity results in lucrative brand Blank______ opportunities, when another company wishes to pay a royalty or fee to use yo

ur brand name or trademark.
Business
1 answer:
Illusion [34]2 years ago
3 0

Brand equity results in lucrative brand ___licensing___ opportunities, when another company wishes to pay a royalty or fee to use your brand name or trademark.

<h3><u>How does brand equity work?</u></h3>

The power a brand name has over consumers' perceptions and the benefit of having a recognizable and well-recognized brand are measured by brand equity. Businesses build their brand equity by offering customers satisfying experiences that encourage them to stick with them instead of switching to a rival company selling a similar item. The creation of awareness often obtains brand equity through marketing campaigns that appeal to the values of the target consumer, fulfilling promises and qualifications when consumers use the product, and loyalty and retention activities. Brand equity's two main pillars are awareness and experience.

<h3><u /></h3><h3><u>What is licensing a brand?</u></h3>

Renting or leasing an intangible asset is known as licensing. It is the process of drafting and overseeing contracts between the owner of a brand and a business or person who wishes to use the brand in connection with a good for a predetermined amount of time and in a predetermined region. Brand owners can use licensing to apply a trademark or character to goods with distinct characteristics.

Learn more about Brand Licensing with the help of the given link:

brainly.com/question/15684865?referrer=searchResults

#SPJ4

You might be interested in
What is the effect of import restrictions on prices? They often cause prices to rise steeply and then drop. They cause prices to
Lostsunrise [7]

Answer:

They cause prices to rise.

3 0
3 years ago
A contingent liability which should be disclosed on the balance sheet but does not require footnote disclosure. (true/false)
expeople1 [14]

A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability.

<h3>What is contingent liability?</h3>

A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits. Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities.

When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet. The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable.

To learn more about contingent liability refer to:

brainly.com/question/17371330

#SPJ4

4 0
1 year ago
What is the hypothetical economic and political system in which all people in society are socially equal?
creativ13 [48]
The answer is communism. It is a political and economic system derived from Karl Marx in which the main prolific resources in a society are possessed by the state and wealth is shared among citizens equally or according to an individual's need and each person is paid according to their skills and essentials.
3 0
3 years ago
The Super Toy Stores inventory records at December 31, revealed the following: Inventory on hand, December 31 $350,000 Merchandi
enyata [817]

Answer:

The correct answer is $543,000

Explanation:

According to the given scenario, the calculation of the ending inventory is as follows:

= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination

= $350,000 + $118,000 + $75,000

= $543,000

The goods held on consignment i.e. not involved is not relevant

Thus, the  calculation of the ending inventory is $543,000

8 0
3 years ago
Identify and describe the three basic forms of reinforcement that most directly influence behavior in organizations.
Andrews [41]

Answer:

Positive Reinforcement: Giving a desired reward when a behavior is performed to increase how often the person repeats the behavior.

reinforcement: The process of increasing the incidence of a directly measurable behavior.

negative reinforcement: The removal of an unpleasant condition or consequence when a behavior is performed to increase how often the behavior is repeated.

7 0
3 years ago
Other questions:
  • Changes in the prices of key commodities can have a significant impact on a company's bottom line. Energy is an input into virtu
    8·1 answer
  • The level of service exports worldwide increased more than _______ between 1980 and 2010
    14·1 answer
  • Evie agrees to work for far east shipping, ltd., as a translator. in determining whether a contract has been formed, an element
    15·1 answer
  • 1.What three factors determine the demand for a product?
    7·1 answer
  • The level of analysis to use when identifying user goals is the _______.​ a. ​ elementary activity level b. ​ temporal event lev
    5·1 answer
  • Which behavior would most offices consider
    8·1 answer
  • Suppose there is a duopoly of gas companies, Energy X and Energy Y. The following is the market demand for gas. There are no mar
    13·1 answer
  • Despite Alisa’s request for a 7% wage increase for workers with seniority, Katherine flat out rejects the request and cites the
    14·1 answer
  • The coordinates of point T are ​(​0,​5). The midpoint of is ​(6​,​-4). Find the coordinates of point S.
    10·1 answer
  • I.magination is i.mportant to P.roductivity at G.oog.le.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!