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2 years ago

Endorsement occurs when an athlete licenses his or her name to be used as a type of testimonial for a product or service.

1 answer:

3 0

Endorsement occurs when an athlete licenses his or her name to be used as a type of testimonial for a product or service. The use of technology is not a factor in entertainment and sports marketing. The intersection of entertainment and marketing is known as destination branding.

<h3>What is Endorsement?</h3>

An endorsement can be an update to a contract or document, such a life insurance policy or a driver's license, or it can be a signature approving the legal transfer of a negotiable instrument between parties. An endorsement is a public declaration of support for a person, thing, or service.

Although an endorsement can have many distinct connotations, the most have to do with permission or authority.
When someone signs a check, they are said to be endorsing it with their signature or a similar stamp, which authorizes the payment or transfer of funds.
Endorsements can relate to modifications made to agreements or legal records, like life insurance policies or driving records.

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Addison Co. budgets production of 2,790 units during the second quarter. Other information is as follows: Direct labor Each fini

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1. The preparation of direct labor budget is given below:-

Direct labor budget

Units to be produced 2,790

Hours required per unit 5

Total labor hours needed 13,950

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Labor rate per hour $10

Direct labor budget $139,500

(13,950 × $10)

2. The preparation of factory overhead budget is given below:-

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Variable overhead rate per hour $12

Budgeted variable overheads $167,400

(13,950 × $12)

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