What is a licensed product? Why have corporations seized on licensing?

What will be an ideal response?

A licensed product is one whose brand name has been licensed to other manufacturers that actually make the product. Corporations have seized on licensing to push their company names and images across a wide range of products — from bedding to shoes — making licensing a multibillion dollar business.

Business

You might also like to view...

Some negotiation relationships are purely business-related; others are entirely personal. Some

are a mix of business and personal and are known as: A) inferential relationships B) sticky tie relationships C) inconsistent relationships D) embedded relationships

Business

During which stage of the reactionary process is the most useful time to interview individuals who are dealing with fraud?

a. acceptance b. bargaining c. depression d. anger

Business