Answer:
A company is licensing its products when it allows a foreign company to pay it a fee to make or distribute the first company’s product or service.
Explanation:
Licensing is a phenomenon which refers to the attainment of permission from a company, the licensor, to be able to produce and sell their products in their own market area.
If the company agrees to this, the lisencee usually requires for the manufacturer to pay a royalty fee to the original owner of the product in exchange for letting them use their products and brand name and etc.
Answer:
$16,500
Explanation:
Straight line method of depreciation charges the same amount of depreciation on the asset over its useful life.
Depreciation Charge = Cost - Salvage Value / Number of Useful Life
<u>Component Approach</u>
Considers the depreciation charges separately of different components that make up total asset due to difference in number of useful life.
Warehouse :
Depreciation Charge = ($280,000 - $50,000) / 20 years
= $11,500
(HVAC) system :
Depreciation Charge = $50,000 / 10 years
= $5,000
Depreciation : First Year = Depreciation charge for Warehouse + Depreciation charge for (HVAC) system
=$11,500 + $5,000
=$16,500
Answer: D. integrated marketing communication.
Explanation: In integrated marketing communication, it blends the company promotion effort to convey messages that are complete and consistent is a goal to achieve.
Integrated marketing communication is a concept that make sure all forms of messages and communication are linked together. It involves Integrating all promotion tool so it all can work together.
Answer:
7 chairs
Explanation:
The computation of the no of chairs that produced each day is shown below:
We know that
The optimum production is Marginal revenue = Marginal Cost
the Marginal cost is increasing with output and Marginal revenue remains constant at $200
So,
Quantity MC
1 50
2 75
3 100
4 125
5 150
6 175
7 200
Therefore Julius produce 7 chairs
Answer:
The correct answer is: C. Personal selling
Explanation:
The personal sale is a tool of the promotional mix or type of sale where a particular seller offers, promotes or sells a product or service to a particular individual consumer directly.
It is based on a personal communication since it goes from one person (the seller) to another person (the potential customer or buyer), unlike for example advertising, which uses impersonal means since it is addressed to several consumers at the same time.
Personal selling is the most effective way to sell a product and to get a satisfied customer with the possibility that he can repeat the purchase or recommend the product or the company to other consumers.