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WorksheetsPM139 VOCAB Licensing for Profit
Total questions: 15
Worksheet time: 15mins
All the combined impressions and experiences associated with a particular company, good, or service
copyright
branding
brand
branded product
An item that features only the logo of the manufacturer and not another company’s trademark
copyright
branding
brand
branded product
The ongoing decision-making process about the use of brands
copyright
branding
brand
branded product
Legal protection of original works and intellectual properties granted by the government to give their creators sole rights to them
copyright
branding
brand
branded product
A symbol, design, or word used to identify a good or service and registered with the government to prevent use by others
sponsorship
slogan
royalties
Trademarked Property
An agreement that allows a company to pay a fee to a team or an event for the right to affiliate itself with that team or event
sponsorship
slogan
royalties
Trademarked Property
A phrase that is easy to remember
sponsorship
slogan
royalties
Trademarked Property
A percentage of actual sales that a licensee pays to a licensor; usually anywhere from 5–15%
sponsorship
slogan
royalties
Trademarked Property
A career that involves providing a product directly to the ultimate consumer
licensing
retailing
endorsing
logo
Approval by a reputable external source
licensing
retailing
endorsement
logo
The name and/or symbol used by a business; also called signature
licensing
retailing
endorsement
logo
An agreement that allows one company to use the trademarked property of another company to manufacture and sell its own products
licensing
retailing
endorsement
logo
The fee a licensee pays up front to use trademarked property
licensee
tax
guarantee
licensor
An organization or company that holds the rights to trademarked property
licensee
tax
guarantee
licensor
A company that wants to manufacture and sell products using trademarked property
licensee
tax
guarantee
licensor
