All categories

2 years ago

For a professional athlete, making money off of products that use their likeness is an example of what concept?

1 answer:

7 0

For a professional athlete, making money off of products that use their likeness is an example of Name, Image, and Likeness deals.

<h3>What are name, image, and likeness deals?</h3>

Name, image, and likeness deals are commercial endorsements that give publicity to professional and college athletes, who lend their names, images, and likeness to companies to leverage for their product brands.

Using marketing and promotional endeavors, companies can use the athlete's name, image, and likeness to create customer-attractive brands for their products.

These deals provide opportunities for the athletes to make money by permitting the business entities to use their name, image, and likeness to market and sell products.

Thus, while the agreements are called “NIL” deals, professional athletes use them to make money.

Learn more about NIL deals at brainly.com/question/14606828

#SPJ1

You might be interested in

During a drought in the southeastern United States, marketing campaigns were implemented to encourage consumers to use less wate

AlladinOne [14]

Answer:

De-marketing.

Explanation:

De-marketing is a type of marketing used to decrease or slow down the demand for products that are in short supply. It is can be an effort made through advertisements or campaigns that encourages the public to limit the consumption of a product, as at a time of shortage.

De-marketing, during drought, can be deployed to encourage consumers to use less water.

5 0

3 years ago

Statistics are the straw out of which i like every other ecnomist have to make bricks. Explain

pentagon [3]

As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.

The economy is one of the most important aspects of our lives. Professionals in the financial sector frequently use it. However, economics without statistics is useless. We will offer statistics on economics with you in this blog. In economics, various statistics in economics are employed. You can reveal those economic information with the aid of this blog. But first, let's look at what statistics mean in the context of economics.

The quantification of data is handled by statistics. The qualitative data that is used in the data collection was represented using a variety of figures. The methodology used to deal with data collection, tabulation, classification, and presentation is known as statistics in economics.

Learn more about statistics in economics here

brainly.com/question/23822576

#SPJ9

7 0

2 years ago

Olivia found herself in over $10,000 worth of credit card debt after she graduated from college. Most of her purchases on her cr

Mkey [24]

Answer:

stop using her credit card

Explanation:

Based on the information provided within the question it can be said that the first step that Olivia should take is to stop using her credit card. People have adopted a consumer culture, and that has skyrocketed since the invention of the credit card, as it makes it easy for individuals to impulse buy something even if they do not have the money for it. By switching from credit card to cash only it will allow you to not overspend and make hasty impulse buys, thus allowing you to save money and hopefully get out of credit card debt.

7 0

3 years ago

Type the correct answer in the box. Which marketing-related concept is described in the following scenario? The booming Industri

DanielleElmas [232]

<u>Answer: </u>Production concept

<u>Explanation:</u>

Production concept is based on concentrating on the efficiency of the production and manufacturing. The basis of production concept is to make the goods available to the consumer at affordable prices. By producing in mass quantities the companies believed they can reduce the cost of production.

Also that supply can be increased when the cost of production is lower. Economies of scale can be achieved by the company when they reduce cost of production they can increase their profit earning capacity.

4 0

3 years ago

Scenario: You are the Middle School Principal. As shelter operations are beginning to phase down, you continue to be concerned a

Pie

<h2>Information and Intelligence management is being demonstrated</h2>

Explanation:

Information and Intelligence Management is all about managing incident-related information. This is done by forming a process to gather, share and manage information.

Information and intelligence management enable us to understand the data better. This makes the data simplified. In simple term we can say that a machine with embedded intelligence which is carrying out task with the data provided.

There are wide range of intelligence system which includes Artificial intelligence, natural language processing, wireless networking, cyber security and many more.

4 0

3 years ago