All categories

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.

To learn more about Endorsement from the given link:

brainly.com/question/24532887

#SPJ4

You might be interested in

A perfectly competitive market is initially in long-run competitive equilibrium. each firm in the market is earning zero economi

Simora [160]

The answer to the question you are asking is e

4 0

3 years ago

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y

Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV $(1+\frac{r}{n} )^{n*t}$

where:

FV = Future value

PV = Present value = $7,000

r = interest rate in decimal = 0.07

n = number of compounding periods per year

t = compounding period in years = 14

For interests compounded continuously, the Future value is given as:

FV = PV × $e^{r*t}$

where

$e$ is a mathematical constant which is = 2.7183

Now to calculate each on the compounding periods one after the other:

1. Interest compounded annually:

here n (number of compounding periods annually) = 1

Therefore,

FV = 7,000 × $(1+\frac{0.07}{1})^{14}$

FV = 7,000 × $1.07^{14}$ = $18,049.74

2. Interest compounded quarterly:

here, n = 3 ( there are 4 quarters in a year)

FV = 7,000 × $(1+\frac{0.07}{4} )^{4*14}$

FV = 7,000 × $1.0175^{56}$ = $18,493.77

3. Interest compounded Monthly:

here n = 12 ( 12 months in a year)

FV = 7,000 × $(1+\frac{0.07}{12} )^{12*14}$

FV = 7,000 × $1.005833^{168}$ = $18,598.16

4. Interests compounded continuously:

FV = PV × $e^{0.07 * 14}$

FV = 7,000 × 2.66446 = $18,651.19

3 0

3 years ago

When companies study the possibility of moving to the Cloud, they often perceive that security is a roadblock to making things h

Georgia [21]

Answer:

Informing client of Accenture's firewall smart an innovative technology deployed right from the off in other to check and prevent security throughout the integration process.

Explanation:

Accentre should tell client about the companies model on how they intend to tackle such security concerns associated with the cloud. This is what a client whose fear is about security wants to hear. Once, Accenture explains how to the client about their early integration framework coupled with innovative technologies and firewalls geared at checking and preventing security breach, the client should be convinced and his fears allayed.

6 0

3 years ago

True/ false. Initiative means acting only when asked to.

grigory [225]

False. It involves the ability to take charge of things or starting/doing things independently on ones own.

5 0

3 years ago

Read 2 more answers

Smarton Company is in the process of preparing its budgeted income statement. It has determined its estimated gross margin to be

Oksanka [162]

Answer:

A) $48,000