Question

Soccer to the Masses is interested in global expansion but does not want to make a large financial commitment. Therefore, it decides to allow a Japanese company to manufacture and distribute products under the Soccer to the Masses name. This is a(n) ____ agreement.a. exportingb. bill of ladingc. strategic allianced. countertradee. licensing

Answer 1

Answer:

B. Strategic alliance

Explanation:

Strategic alliance is the agreement between two or more players (companies) to share resources or knowledge in such a way that it benefits all parties involved.

It is an agreement for cooperation among two or more independent firms to work together to achieve a common goal which is usually profit making. The example asked in the question is a form of strategic outsourcing relationship where the Soccer to the masses shared their products with the Japanese company in exchange for the Japanese company offering manufacturing and wilder distribution of the products.

All parties involved hopes for a synergy where everyone benefits more from the alliance rather than if they stood alone.

Answer 2

Answer:

The answer is Licensing Agreement.

Explanation:

Licensing Agreement is a written contract between two corporations, where corporation A (the property owner) gives permission to corporation B to use that property on the condition that they follow a specific set of rules.

The property owner giving out the license is the licensor, while the corporation seeking the license is the licensee.

A popular example of licensing agreement is when a toy manufacturer seeks the license from famous movie studios to produce action figures based on the characters of their movies.