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kirill115 [55]
3 years ago
14

Mega Corporation has developed a strategic plan that calls for an emphasis on appealing to a younger demographic. If it decided

that such an appeal to a younger market would necessitate a change in the corporate logo and trademark, such changes would require an understanding of: a) intellectual property law. b)Securities C)Contract Law d) None of these
Business
1 answer:
aliya0001 [1]3 years ago
6 0

Answer:

Such changes would require an understanding of:

a) intellectual property law

Explanation:

Intellectual property can be defined as non-physical property of the mind or the intellect. They are intangible assets of the intellect that can be protected by law. The law that guides the creation, usage and enforcement of intellectual property rights is know as intellectual property law. They majorly involve inventions of the mind such as; designs and artistic works. The laws were made to provide incentive to the inventors and creators of intellectual property to build creative inventions that benefits the society but also ensuring that they gain profits and acknowledgement for their work.

As enshrined in Article I, Section 8 of the U.S. Constitution, congress is given exclusive authority to grant inventors and creators rights to their inventions. The two major agencies that administer intellectual property laws are; the U.S. Patent and Trademark Office, and the U.S. Copyright Office.

In the context above where Mega Corporation wants to change it's logo and trademark, they need an understanding of intellectual property law since corporate logos and trademarks are subject to intellectual property law.

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Answer:

Option C: Influence the market price of the good as it sells

Explanation:

Market Power is simply when a firm is able to raise price above the equilibrium level by not and without losing all of its customers. It depends on largely on the closeness of substiutes.

A firm has market power if it can Influence the market price of the good as it sells to its customer and can regulate it when necessary.

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A) and goes further than necessary to ensure full coverage

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Terrence Industries charges manufacturing overhead to products by using a predetermined application rate, computed on the basis
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Answer:

See below

Explanation:

First, we need to get the predetermined rate

Predetermined rate = Cost of manufacturing overhead / Cost driver

= $1,800,000/60,000

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= 61,500 × $30

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5 0
2 years ago
A company needs 550,000 items per year. It costs the company $330 to prepare a production run of these items and $5 to produce e
Svetlanka [38]

Answer:

Company A

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Explanation:

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Cost per unit = $5

Storage (holding) cost per item = $0.75

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2 years ago
The following information relating to a company's overhead costs is available. Actual total variable overhead $ 75,000 Actual to
NARA [144]

Answer:

$5,000 favorable

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The computation of the total variable overhead variance is given below:

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Since the favorable is more than the actual so it should be favorable

6 0
3 years ago
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