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Contact [7]
3 years ago
8

Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use the rights to their​ software, b

rand​ name, and software specifications in return for a lump sum payment. The firm is a service organization that plans to use the software to assist its customers. Their agreement is​ a(n) ________.
Business
1 answer:
IgorLugansk [536]3 years ago
3 0

Answer: Franchise agreement

Explanation: Before a third party can be licensed to use a proprietary software, document, brand name or other licensed materials, goods, product or trademark, there must be an agreement between the franchisor (Theodore and James) and the franchisee ( organizations or individuals who wish to use the franchisor's product) called the franchise agreement. These provides a legal bond between both parties which outlines terms and conditions of use pertaining to the franchisor's brand name or proprietary product. The franchisee offers something in return for the grant which is usually a Monetary package.

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An amendment is a formal or official change to a statute, treaty, constitution, or legal document. It is based on the verb 'change' which means 'to change for the better.

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2 years ago
In many larger U.S. based firms the __________ matches the overall strategy of the firm and reinforces the __________ emerging f
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Answer:

reward system; culture

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  • Reward systems in an organization provide evidence of the culture practices of that organization. Reward schemes represent the values ​​and norms of the company that people follow or promote.
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  • Many researchers and practitioners have observed the interdependence between organizational culture and reward systems. The reward system develops from the cultural changes that take place in the everyday events of organizational life.
6 0
3 years ago
Which resource management activity identifies and verifies that personnel are qualified.
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Credentialing resource management activity identifies and verifies that personnel is qualified.

<h3>What is management?</h3>
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  • Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.
<h3>What roles does management play?</h3>
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4 0
2 years ago
1. Assume the football team is set up as a C corporation and that Lenny, Sarah, and Sam are the shareholders. The team is sued f
Butoxors [25]

Answer:

The corporation may have liability, but not the individual owners.

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A c-corporation have a limited liability which means that the liability of the company cannot be extended to shareholders. It is only limited to the amount invested by the shareholders.

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