Question

3. Differentiate between licensed and branded products. What company sells the most branded sports products in...

3. Differentiate between licensed and branded products. What company sells the most branded sports products in the U.S. and globally? What organization sells the most licensed product in the U.S. and globally?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

License is a business arrangement in which one company gives another company permission to manufacture its product for a specified payment.It is a process of creating and managing contracts between the brand owner and a company who wants to use the brand in association with a product, for an agreed time, within an agreed territory.

Branded Product are goods that are identifiable as being the product of a particular manufacturer or marketing company.It is publicly distinguished from otherproducts, services, or concepts so that it can be easily communicated and usually marketed.

Nike sells the most branded sports products in the U.S. and globally.Lucas Licensing sells the most licensed product in the U.S. and globally.Disney acquired George Lucas' company, parent to the venerable Star Wars franchise, in October 2012.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ABC Company produces and sells four products. Information about these products for 2019, the most recent...
ABC Company produces and sells four products. Information about these products for 2019, the most recent year, appears below:                                               Product A Product B Product C Product D selling price per unit 19.00 17.00 15.00 12.00 variable costs per unit 5.00 13.00 5.00 6.00 number of units sold 37,000 32,000 14,000 29,000 ABC Company had total fixed costs of $648,000 in 2019. Calculate the margin of safety reported by ABC Company for 2019
Porsche sells what is considered by most to be the best sports car of all time,...
Porsche sells what is considered by most to be the best sports car of all time, the Porsche 911 Carrera. The inverse demand curve for the 911 is described by P = 240 − 15QD. Porsche sells the 911 Carrera for $90. Should Porsche raise, lower, or keep the price the same? How do you know?
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V Product Z50U Sales $ 32,000 $ 37,000 Variable expenses $ 12,000 $ 27,330 The fixed expenses of the entire company were $39,140. The break-even point for the entire company is closest to: Multiple Choice $78,470 $91,023 $39,140 $46,260
short learning questions: 1) Differentiate between internal and external environment of an organization. 2) What are...
short learning questions: 1) Differentiate between internal and external environment of an organization. 2) What are the disadvantages of recruiting within the organization? 3) Discuss any two structures of organization. 4) Discuss the selection procedure in brief. 5) Explain unions and its relationship with the employer.
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $260,400, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $40 $30 Gloves 100 60 a. Compute the break-even sales (units) for both products combined. fill in the blank 1 units b. How many units of each product, baseball...
Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales...
Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $34,000 and variable expenses of $11,080. Product H50G had sales of $47,000 and variable expenses of $18,080. The fixed expenses of the entire company were $46,090. The break-even point for the entire company is closest to:
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $616,000, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $80 $60 Gloves 200 120 a. Compute the break-even sales (units) for both products combined. units b. How many units of each product, baseball bats and baseball gloves, would...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $144,000, and the sales mix is 80% bats and 20% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $60 $50 Gloves 150 90 a. Compute the break-even sales (units) for both products combined. units b. How many units of each product, baseball bats and baseball gloves, would...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $571,200, and the sales mix is 20% bats and 80% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $50 $40 Gloves 130 80 a. Compute the break-even sales (units) for the overall enterprise product, E. units b. How many units of each product, baseball bats and baseball...
Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...
Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $21,000 and variable expenses of $10,050. Product X96N had sales of $34,000 and variable expenses of $16,900. The fixed expenses of the entire company were $45,960. The break-even point for the entire company is closest to: Multiple Choice $90,118 $28,050 $45,960 $72,910
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT