Answer:
<em>Licensing </em>
Explanation:
Licensing <em>is a business agreement whereby one company gives authorization to another company to produce its product for a defined fee.</em>
Licensing allows you to immediately tap current manufacturing, marketing and distribution systems which may have been built by other companies for decades.
Answer: I must invest <u>$85424.14</u> today in order to buy a Ferrari nine years from now on the day I turn 30.
We have
Price of the Ferrari nine years from now (Future Value - FV) $215000
Expected Rate of return on the mutual fund (r) 10.8%
Time until I turn 30 (n) 9 years
We can calculate the Present Value (PV) or the money to be invested today as



Answer:
Compensation management is the act of distributing some type of monetary value to an employee for their work by means of the company's policy or procedures. ... Reward management consists of analysing and controlling employee remuneration, compensation and all of the other benefits for the employees