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IrinaK [193]
3 years ago
15

Royal Chocolatier, a British manufacturer of chocolates, granted U.S. company American Candy Inc. the right to produce and sell

Royal Chocolatier's products in the United States In return, American Candy Inc. has to pay a royalty fee on every unit sold. According to this information, what is being done by Royal Chocolatier?
Business
1 answer:
WINSTONCH [101]3 years ago
8 0

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.

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You work for a company that sells baby products. Your manager asks you to conduct research on automotive sales in your area. The
Rina8888 [55]

Answer:

A) it is irrelevant to the baby products company.

Explanation:

Since in the question it is given that the you work in that company where the products of the baby are sold and your manager ask to conduct the research on the automotive sales so here the problem with regard to research objective is not relevant as we know that the reserach is expensive and time consuming too and it does not show the direct relation between the baby products sales and the automotive sales.

Therefore the option A is correct

5 0
3 years ago
Foreign exchange risk arises when:
ivolga24 [154]

Answer:

Business transactions are denominated in foreign currencies.

Explanation:

Foreign exchange can be referred to as the exchange of one country's currency for another currency. The exchange of these currencies occurs in an exchange market known as forex market.

Foreign exchange risk is a financial risk in which changes in the exchange rate may result in the loss of investment value or huge financial breakdown.

The most effective approach to preventing foreign exchange risks is for organizations to make and receive all forms of payment in their own currency.

6 0
4 years ago
"Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an exampl
Usimov [2.4K]

Answer:

Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an example of when a favorable cost variable would not be good news for the performance of the organization.

What department would be responsible for the variance? What would you recommend to correct the variance? Explain your reasoning.

Explanation:

In the Jet airways example, if the package price stays the same or higher but gettting a positive variation, good news are fake as this means that the number of passengers that were expected to travel, in fact diminished.

6 0
4 years ago
When deciding whether to remain in​ school, the relevant cost of staying in school is ​$?
castortr0y [4]
When expressing the relevant of cost in staying in dollar will be $<span>22500 in whole numbers. Staying in school when you are already in college is a challenge, because you are already one step forward to your success so it its hard to stop going to school, you need to do something so that you will be able to continue your schooling.</span>
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The answer to this question is 13.35.

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