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When the fee paid to the firm in a licensing agreement that gives another firm the right to manufacture their product or use its trademark is called what?
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∙ 10y ago
A licensee
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What is the definition of licensing in international business?
A business arrangement in which one company gives another company permission to manufacture its product for a specified payment
What allows another firm to produce and sell a company's product abroad?
foreign license agreement
What are facts about import and export?
Imports are items that you buy from other countries. Many times the products are much more expensive because that is either there first bargain or the products are unavalible in that country. Exports are items you sell to one country to another. This system is usually one through trade agreements such as NAFTA [North American Free Trade Agreement.] NAFTA is the trade agreement for Canada, USA, and Mexico. This agreement helps reduce the amount taxes or tariffs on these items.
Exchange of goods between one country and another is called?
Geberally trade. Trade can also take place between individuals in the same country, and isn't affected by the magnitude of the agreement.
What is over inflation?
Over inflation is when (for example) a car tyre is pumped up higher than the manufacture recommends. A toy balloon blown up until it burst, is another example of something being over inflated.
What is a foreign licensing agreement?
one firm allows another to produce or sell its product, or use its trademark, patent or manufacturing processes, in a specific geographical area, in return, the firm gets a royalty or other compensation.
What is lisence?
licensing is the practice of leasing a legally protected property such as trademark to another party in conjunction with a product,service or promotion.
What is licensing as a foreign market entry?
Licensing is defined as "the method of foreign operation whereby a firm in one country agrees to permit a company in another country to use the manufacturing, processing, trademark, know-how or some other skill provided by the licensor". It is quite similar to the "franchise" operation. Coca Cola is an excellent example of licensing. In Zimbabwe, United Bottlers have the licence to make Coke. Licensing involves little expense and involvement. The only cost is signing the agreement and policing its implementation.
What is the definition of licensing in international business?
A business arrangement in which one company gives another company permission to manufacture its product for a specified payment
A cosmetic company decides to let another company sell its product in New Zealand It doesn't have an office or a sales force there but will collect a royalty This is an example of?
A foreign licensing agreement.
A cosmetic company decides to let another company sell its product in New Zealand it doesn't have an office or a sales force there but will collect a royalty this would be an example of?
A foreign Licensing agreement.
How long will it be before another drug company can patent the new hep drug?
The drug will not be able to be patented again. Once the patent runs out, other companies can manufacture it without paying licensing rights.
What does it mean to infringe another persons trademark?
To infringe on a trademark means that you are using it in a way that is not allowed by the owner.
Is it trademark infringement if you use a manufacture logo on your website?
Yes, if you use another company's logo that is already registered, it may be considered copyright infringement. The company that owns the logo in question may dispute your use of their logo.
What is 3 examples Trademark?
The classic example of a trademark is the Nike swoosh. Another example is the apple logo of Apple Computers. You can find many more at the Trademark Office website.
What is another name for trademark?
There really isn't one: trademark is a very specific word covering marks used in trade.
What is another word for 'slogan'?
Mission statement
