This practice allows a company to discover the target market and record opinions and other input from consumers regarding interest in the product
Answer:
w-2, Form 1040, and possibly Schedule (1... etc. )
Explanation:
Answer:
False.
Explanation:
Patent can be defined as the exclusive or sole right granted to an inventor by a sovereign authority such as a government, which enables him or her to manufacture, use, or sell an invention for a specific period of time.
Generally, patents are used on innovation for products that are manufactured through the application of various technologies.
Basically, the three (3) main ways to protect an intellectual property is to employ the use of trademarks, copyright and patents.
In this scenario, Because your patented Gidgit is starting to gain attention and investors are starting to show interest, the executive committee is considering becoming a publicly held company.
Since Gidgit is patented it cannot be sold to the government because it is a registered intellectual property that cannot be used or sold without the approval or consent of the owner.
Forecasting accuracy tends to decrease as the forecasting horizon increases.
Explanation—
It is harder to forecast far into the future. Accuracy is going to decrease because there are too many variables over more time. It is easier to forecast for just a few days in the future.
Answer:
The correct options are the third and the last:
Option # 3. In a contractual vertical marketing system the firms at different levels of production and distribution work together to achieve greater economies or sales than they would on their own.
Option #5: In an interactive vertical marketing system (VMS) the main members of a distribution channel—producer, wholesaler, and retailer—work together as a unified group in order to meet consumer needs.
Explanation:
Option # 1: In a corporate vertical marketing system or VMS, one member of the distribution channel be it a producer, a wholesaler or a retailer owns all the other members of the channel, thereby having all the elements of production and distribution channel under a single ownership so this is not the correct option.
Option # 2: In an integrated vertical marketing system or fully integrated vertical marketing system only one player manages all the activities (production and distribution), without any assistance from other channel members. So this is not the correct option.
Option # 4: In an administered vertical marketing system or co-ordinated system of distribution channel organization, the flow of products from producer to end-user is controlled by the power and size of one member of the channel system rather than by common ownership or contractual ties. So this is not the correct option.