To sell sweatshirts, jackets, and T-shirts imprinted with ABC University's logo, the Collegiate Sportswear Company pays royalties to the university. What type of business ownership does this situation exemplify?
EOPA Marketing Management Test

Flashcard
•
Business
•
10th Grade
•
Hard
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35 questions
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1.
FLASHCARD QUESTION
Front
Back
Licensing agreement
2.
FLASHCARD QUESTION
Front
Which of the following statements is true about the directing function of management? It uses standardized communication. It is results driven rather than performance driven. It is a continuous process. It primarily occurs at the lowest level of the organization.
Back
It is a continuous process.
3.
FLASHCARD QUESTION
Front
Legal ownership of purchases does not pass to the purchaser until all payments have been made if the purchaser uses __________ credit.
Back
installment
4.
FLASHCARD QUESTION
Front
Belinda is reviewing departmental reports to determine why the business's outputs have been decreasing steadily over the last six weeks. Belinda is analyzing issues related to production.
Back
production
5.
FLASHCARD QUESTION
Front
Which of the following is an example of a trade secret: Legal document, Credit report, Trade journal, Customer list
Back
Customer list
6.
FLASHCARD QUESTION
Front
What is the first thing that Jorge should do after witnessing Kendall cut her finger with box cutters?
Back
Administer first aid
7.
FLASHCARD QUESTION
Front
Before filing a civil lawsuit in court, Kwame's attorney sent a letter to Tosh's attorney. In the letter, Kwame's attorney explained why they believe they would win a lawsuit against Tosh. Kwame's attorney sent a(n) __________ letter to Tosh's lawyer.
Back
demand
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