Brand equity results in lucrative brand ___licensing___ opportunities, when another company wishes to pay a royalty or fee to use your brand name or trademark.
<h3><u>How does brand equity work?</u></h3>
The power a brand name has over consumers' perceptions and the benefit of having a recognizable and well-recognized brand are measured by brand equity. Businesses build their brand equity by offering customers satisfying experiences that encourage them to stick with them instead of switching to a rival company selling a similar item. The creation of awareness often obtains brand equity through marketing campaigns that appeal to the values of the target consumer, fulfilling promises and qualifications when consumers use the product, and loyalty and retention activities. Brand equity's two main pillars are awareness and experience.
<h3><u /></h3><h3><u>What is licensing a brand?</u></h3>
Renting or leasing an intangible asset is known as licensing. It is the process of drafting and overseeing contracts between the owner of a brand and a business or person who wishes to use the brand in connection with a good for a predetermined amount of time and in a predetermined region. Brand owners can use licensing to apply a trademark or character to goods with distinct characteristics.
Learn more about Brand Licensing with the help of the given link:
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Answer:
False
Explanation:
It's not prepared for each correspondent.
The goverment. because the goverment is responsible for everything! :)
Answer:
B) losses you avoided by not buying a stock that has since decreased in price
Explanation:
If a stock has not been bought, there has not been a transaction involving that particular stock. Even though, in theory, you may have avoided losses by not buying a stock that has decreased in price, there hasn't been any actual gain or loss on investment related to that stock since there was no investment.
Since all other alternatives present valid parameters when calculating return on investment, the answer is B).
1. Which of the following is true about how your skill set relates to a future career? Employers consider subject-specific skills for new positions.
When an employer is looking to hire someone new, they are focused on figuring out how the person applying for the job matches the skill set they are looking to hire. When your current skill sets match those the employer needs/wants they are more likely to hire you for the position.
2. Which of the following is a list of broad categories of skills? mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity. Out of the choices listed, these are the broad skill sets as they vary and range in similarities on a large scale. Mathematics is completely different than words and literacy, so they are broad copared to the skills that match each other.
