Answer:
Royal Chocolatier is licensing their product line to American Candy.
Explanation:
Licensing agreements are useful because both the licensee (company receiving the license) and licensor (company granting the license) are benefited:
- The licensor benefits since the licensee bears all the costs and risks of the new activity.
- The licensee is able to sell a well established and recognized brand without having to develop the brand themselves.
Licensing results in the licensee bearing the costs and risks.
Answer:
B. core benefit
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
According to the economist Philip Kotler in his book titled "Marketing management" he stated that, there are five (5) levels of a product. This includes;
1. Core benefit.
2. Generic product.
3. Expected product.
4. Augmented product.
5. Potential product.
The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.
<em>Hence, the term that refers to the first level of a product, which depends on the customer value it generates is generally referred to as a core benefit. For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation. </em>
Answer: Crowdsourcing.
Explanation:
A way of obtaining information or ideas from a large number of individuals for problem solving is Crowdsourcing. Crowdsourcing involves sourcing for information, ideas or resources from a large variety of users over the internet. In Crowdsourcing, various individuals team up to solving a common challenge.
Answer:
you need a 4.0 gpa to be in the junior honor society
Explanation:
cause
Answer:
Increamental net income = $529,920-$478.610 = $51310
Explanation:
Total sales revenue before the further processing = $22.9 * 20,900 =
$478.610
Total net sales revenue after the further processing = ($30.9 *12900)+($20,9*6900)-$12,900 = $529,920
Increamental net income = $529,920-$478.610 = $51310
