Answer:
Royal Chocolatier is licensing their product line to American Candy.
Explanation:
Licensing agreements are useful because both the licensee (company receiving the license) and licensor (company granting the license) are benefited:
- The licensor benefits since the licensee bears all the costs and risks of the new activity.
- The licensee is able to sell a well established and recognized brand without having to develop the brand themselves.
Licensing results in the licensee bearing the costs and risks.
Answer:
A. have permission from the government.
B. face a downward-sloping demand curve.
C. set price equal to marginal cost.
D. be sure the price-marginal cost ratio is the same for all its submarkets.
Explanation:
Every organization has policies on equality and diversity. The organizational policies on equality and diversity impact the day to day activity in the workplace. An organization having a diverse workforce will be able to offer a variety of work skills, potential, ideas and energy. A well diverse workforce will make the organization a better place to work. Equality refers to equal opportunity in an organization irrespective of caste, creed, color, gender, etc.
Workplace policies in respect to equality and diversity allows smooth running of an organization and avoids any bias decisions based on any religion, gender, demography, etc.
When every employee has equal rights and equal chance to achieve their potential then the organization also grows well and success rate improves.
Answer:
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Answer: Option D
Explanation: In simple words, benchmarking refers to the process in which the company sets the standards of performance based on the industry averages or from the performance of their competitors.
The benchmarking is done for the future reference so that the actual results could be compared with the set standards and the performance of the managers could be evaluated.
Hence from the above we can conclude that the correct option is D.