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PM139 VOCAB Licensing for Profit

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

All the combined impressions and experiences associated with a particular company, good, or service

a)

copyright

b)

branding

c)

brand

d)

branded product

2.

An item that features only the logo of the manufacturer and not another company’s trademark

a)

copyright

b)

branding

c)

brand

d)

branded product

3.

The ongoing decision-making process about the use of brands

a)

copyright

b)

branding

c)

brand

d)

branded product

4.

Legal protection of original works and intellectual properties granted by the government to give their creators sole rights to them

a)

copyright

b)

branding

c)

brand

d)

branded product

5.

A symbol, design, or word used to identify a good or service and registered with the government to prevent use by others

a)

sponsorship

b)

slogan

c)

royalties

d)

Trademarked Property

6.

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

a)

sponsorship

b)

slogan

c)

royalties

d)

Trademarked Property

7.

A phrase that is easy to remember

a)

sponsorship

b)

slogan

c)

royalties

d)

Trademarked Property

8.

A percentage of actual sales that a licensee pays to a licensor; usually anywhere from 5–15%

a)

sponsorship

b)

slogan

c)

royalties

d)

Trademarked Property

9.

A career that involves providing a product directly to the ultimate consumer

a)

licensing

b)

retailing

c)

endorsing

d)

logo

10.

Approval by a reputable external source

a)

licensing

b)

retailing

c)

endorsement

d)

logo

11.

The name and/or symbol used by a business; also called signature

a)

licensing

b)

retailing

c)

endorsement

d)

logo

12.

An agreement that allows one company to use the trademarked property of another company to manufacture and sell its own products

a)

licensing

b)

retailing

c)

endorsement

d)

logo

13.

The fee a licensee pays up front to use trademarked property

a)

licensee

b)

tax

c)

guarantee

d)

licensor

14.

An organization or company that holds the rights to trademarked property

a)

licensee

b)

tax

c)

guarantee

d)

licensor

15.

A company that wants to manufacture and sell products using trademarked property

a)

licensee

b)

tax

c)

guarantee

d)

licensor