Answer:
the answer is D.a bill board
A licensing firm is a firm that is offered the right to produce and market another firm's products if it agrees to specific operating requirements.
<h3>What is a licensing firm?</h3>
A firm, which does not have a product of its own, but specializes in production and marketing of its client firms' products by the way of obtaining a licensed agreement, it is known as a licensing firm.
For example, in India, Varun Beverages Ltd. is a licensing firm that has been offered the rights to produce and market the products for PepsiCo.
Hence, the significance of a licensing firm is aforementioned.
Learn more about a licensing firm here:
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Answer:
firm can change output levels without having any significant effect on price.
Explanation:
In the case when we say that the firm is a price taker that means the firm has the power to change the level of an output but this does not have any kind of impact on the price. They accepted the price for the prevailing market and each unit could be sold at the similar market price. It could impact the market price also they enjoy the pricing power
Therefore the above statement should be considered
Answer:
1) B - Inaction
2)B - Faulty
3)A - Dissolution
Explanation:
1) Inaction: The company's strategy is not responsive to technological trends
2) Faulty: Downsizing to save cost is not a good strategy for a business to adopt, they could have divest to other sectors
3)Dissolution: liquidate or wind up before the company runs in to serious financial crisis.