Answer: Franchise agreement
Explanation: Before a third party can be licensed to use a proprietary software, document, brand name or other licensed materials, goods, product or trademark, there must be an agreement between the franchisor (Theodore and James) and the franchisee ( organizations or individuals who wish to use the franchisor's product) called the franchise agreement. These provides a legal bond between both parties which outlines terms and conditions of use pertaining to the franchisor's brand name or proprietary product. The franchisee offers something in return for the grant which is usually a Monetary package.
Answer:
The correct answer is letter "D": ethics.
Explanation:
Corporate ethical behavior refers to the good practices and values a company has that lead them to act according to what is conceived as correct. Most companies summarize their ethical guidelines in a <em>Code of Ethics</em> that represents the handbook of the behavior the company pursues to perform and expects from employees.
Thus, <em>the company commercializing new drugs without the approval of the Food and Drug Administration (FDA) has taken a mistaken ethical decision since the firm is prioritizing the recovery of the funds invested in Research and Development (R&D) instead of securing patients' health.</em>
Answer:
To answer this question, we must first add the options, they are:
A. Vendor performance assessment
B. Need recognition
C. RFP
D. Vendor negotiation
E. Product specification
They are the Vendor Negotiation stage of the business-to-business buying process
The correct option is D. Vendor Negotiation
Explanation:
Vendor negotiation is the process whereby a buyer and a seller discuss the terms of a trade, such as price, quantity, quality, and so on. This discussion will either lead to an agreement and the deal is sealed, or it will lead to a disagreement and both parties go their way.
In the case of USF Corporation above, since they are already discussing the price, quality, and delivery schedules, it means they have secured a supplier who will be capable of meeting the terms of the corporation.
In this stage, the corporation will carry out the negotiations in order to get the best value for its money.