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MrRissso [65]
3 years ago
14

Scuba Diving. Marcy invented a new type of mask for scuba divers that was not subject to fogging. She agrees to allow Jenny to m

anufacture and sell the mask. She receives a sum of money for every mask that Jenny sells. Similarly, Marcy entered into an agreement with Frank to allow him to sell the masks, but only if he also purchased non-patented diving suits from Marcy. All parties proceeded to do very well with their sales. Which of the following describes the agreement between Marcy and Frank?
1) It is a legal tying arrangement.
2) It is a legal cross-licensing agreement.
3) It is an illegal tying arrangement.
4) It is an illegal cross-licensing agreement.
5) It is both a legal tying and a legal cross-licensing agreement.
Business
1 answer:
Leona [35]3 years ago
3 0

Answer:

1) It is a legal tying arrangement.

Explanation:

In the US, tying arrangements are generally legal, except when the party that holds superior bargaining power imposes unfair conditions. In this case, Marcy does not run a huge corporation that wants to monopolize the manufacturing of scuba diving equipment. She even allows Jenny to manufacture and sell her products, so if Frank is not OK with the agreement, he could go and buy the masks from Jenny.

A tying arrangement is basically selling a certain popular product tied to other not so popular products, so the buyer is forced to buy more than one type of product.

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Which form of feasibility incorporates both physical and mental integration of the design work system during job completion
Oduvanchick [21]

The form of feasibility that incorporates both physical and mental integration of the design work system during job completion is technical.

<h3>What is operation management?</h3>

Operations management basically has to do with the efficiency of an organization in terms of its product and service offerings. It also include planning, managing and supervising in an organization.

It is to be noted that the goal of operations management is to maximize efficiency while producing goods and services that effectively fulfill customer needs

Learn more about operation management here : brainly.com/question/1382997

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3 0
2 years ago
A strength of Enterprise's Generation X managers is likely to be their _____
saw5 [17]

Answer:

A strength of Generation X managers is likely to be their ability to provide feedback to employees

Explanation:

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4 0
2 years ago
For how long should a certified personal trainer maintain accurate contract and appointment records?
Ann [662]

Correct/Complete question: For how long should a certified personal trainer maintain accurate contract and appointment records?

a. 3 years

b. 4 years

c. 2 years

d. 1 year

Answer:

4 years

Explanation:

A certified personal trainer is expected to maintain accurate record of contracts and appointment for at least 4 years before discarding them so as to be able to use them for future assessment or reference purposes. These records are kept in both soft and hard copies. the hard copies can be recycled after 4yeasr at least while the soft copies are kept in a database which can last for almost forever.

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5 0
3 years ago
Which of the following is not one of the competitive forces included in the competitive forces​ model?
photoshop1234 [79]

Answer:

C) the firms ability to differentiate its product

Explanation:

Porter five forces of the model comprise rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.

The rivalry among competitors deals with the strength and weaknesses of the competitors so that the business does the planning accordingly.  

The bargaining power of suppliers stated the change in the price of the product made by the supplier's offer plus the customer are attracted towards the product as the product is unique which impact the overall profit

The bargaining power of buyers deals with the number of buyers and how much orders are given by a single buyer.  

The threat of new entrants impacts the overall position of the business if the competitor enters the market.  

The threat of substitution is an alternative way to produce the goods and services which can also drop your position and also it directly impact profitability.  

4 0
3 years ago
Governor Smith of Georgia is presented with the following data: currently the state derives a total of $400 million of benefits
Rudiy27

Answer:

C)

In order to use the Cost-Benefit Principle correctly we need to compare the marginal benefit of the new spending, which is $25 million, with the marginal cost of the new spending, which is $50 million. This new spending makes no economic sense.

Explanation:

The cost-benefit principle in accounting states that the additional benefit must outweigh additional cost in an accounting system.

Spending of $250 million is giving $400 million revenue. The new proposal of spending $300 million to get $425 million implies we are spending extra $50 million to make extra $25 million.

This is not a good investment according to the cost-benefit principle.

8 0
3 years ago
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