RJR Nabisco (a U.S. company) allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. In return, RJR Nabisco receives a royalty fee. This type of international arrangement is called ______.

Question

29-04-2022
Business

contestada

RJR Nabisco (a U.S. company) allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. In return, RJR Nabisco receives a royalty fee. This type of international arrangement is called ______.

Respuesta :

Otras preguntas

What did John Calvin and Martin Luther have in common? They are founders of the Lutheran church. They broke with the Catholic Church. They printed the first Bib

Eighteen is 60% of what number?

where do most people in egypt live today?

What was the main function of George Creel’s “four-minute men”?

What impact would stricter car emission standards in the United States most likely have on other countries? A. Foreign oil companies will raise their gasoline p

adios papa translated into english

Find the percent of the number. 522% of 85

What are the 8 aspects of culture?

A recipe calls for 4 L of water. Arlene wants to make 0.3 more servings than the recipe makes. Which expression represents how many liters of water Arlene shoul

Which describes a synagogue? A. a Jewish burial site B. a Greek temple C. a Jewish place of worship and teaching D. a Hebrew altar

ACCESS MORE

okpalawalter8 okpalawalter8 · Answer 1 · 2022-05-04T12:59:16+02:00

RJR Nabisco allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. This type of international arrangement is called licensing.

What is licensing?

Generally, licensing is simply defined as granting someone formal authorization to do, have, or sell something: In many nations, licensing is used to determine who should sell what.

In conclusion, a license shows the authenticity of a producer.