The correct option is this: WHEN YOU CREATE A RE CLOSABLE PLASTIC PACKAGE THAT BUYERS CAN USE FOR FOOD STORAGE AT HOME OR AT WORK, IT IS CALLED PACKAGING.
Packaging refers to the technology of enclosing and protecting products for distribution, storage, sale and use. It also refers to the process of designing, evaluating and producing packaging for a particular product.
Answer:
Information Systems that various organizations or companies use.
Explanation:
In the modern globalized world the economy and customers change constantly. The Inter-organizational systems (also know as IOS) are essential tools to obtain information on what is required to be able to meet the demands of a changing market, thus saving time and resources. It also provides helpful information for companies to make better investments. An IOS will be planned and placed strategically within organizations in which they will locate key points of contact to receive feedback and use that information to establish patterns in the market. This will enable organizations to make wise, informed decisions for the future because they can anticipate the customers´ needs.
Answer:
The Selling Era
Kotler refers to this as businesses "selling what they make, rather than making what the market wants to buy." ... Selling-era tactics can be risky for companies, as the hard sell can turn off consumers, perhaps even push them into the arms of a competitor.
Explanation:
Answer:
A royalty is a fee that the franchisee has to pay the franchiser for trading under its name.
Explanation:
A franchise operation is when one party (franchiser) allows another party (franchisee) access to it’s proprietary knowledge, trademark and processes in order to allow the party to sell a product or provide a service under the business’s name. A common example of a franchise operation are KFC outlets across the globe.
A royalty fee is a fee that the franchisee has to pay the franchiser on a common basis such as quarterly or annually for trading under its name. It is generally calculated as a percentage of gross sales. In this case the royalty fee would be 5% of gross sales.
Answer:
The correct answer is letter "C": does not have physical substance, yet often is very valuable.
Explanation:
Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.
