--%>

Explain International Licensee

International Licensee: It is the contractual agreement among two business entities in which the licensor allows the licensee to utilize a brand name, patent, or other proprietary right, in exchange for a royalty or fee. Licensing facilitates the licensor to gain from the skills, expansion capital, or another capacity of the licensee. Licensing is frequently employed by manufacturers to enter foreign markets in which they contain no expertise. The creators of admired comic strip and movie characters frequently license the utilization of a character's likeness to manufacturers of lunch boxes, toys, clothing, and other children's products. The popularity or expertise of the character aids or else undistinguished products to stand out from their contestants. The licensee advantages from the name recognition and originality of the licensor. Licensing fees varies from 5%-25% of the wholesale price.

   Related Questions in Biology

  • Q : Explain Milk Tolerance In Humans Milk

    Milk Tolerance In Humans: Most of the adults find it difficult to digest, Lactose the sugar in milk. This is because the gene, that code for the enzyme Lactase, is switched off. Lactase breaks lactose into of glucose and galactose. Glucose and galacto

  • Q : Use of condoms as a contraceptive method

    Explain how the use of condoms isn’t just a contraceptive method nevertheless also a health protection behavior?

  • Q : How molecules-atoms-cells-biosphere are

    Describe the logical order in which the concepts of molecules, atoms, cells and so on up to the biosphere are related?

  • Q : Explanation of dry mass Give a brief

    Give a brief explanation of dry mass.

  • Q : Dolomite is the ore of which element

    Describe Dolomite is the ore of which element? Answer: Dolomite is an ore of the element magnesium (mg). The Formula is (MgCO3 CaCO3).

  • Q : Subdivision of plant kingdom Explain

    Explain the subkingdoms in which the plant kingdom is subdivided?

  • Q : Goal Management and Local Talent

    Goal Management and Local Talent Management: Minimum criteria for employees should be set from the global headquarters and that should be mandatory when selection procedure is done. After short listing the candidate on the basis of minimum criteria, t

  • Q : Objectives of Human Resource Planning

    The mainly three objectives of human resource planning are as follows: i) To ensure optimum use of the human resources currently employed ii).To assesses or forecast the future skill requirements. iii) To provide the control measures to ensure th

  • Q : Describe the group of the phylum

    Describe the group of the phylum Chordata which first colonized the terrestrial atmosphere? From which habitat did phylum Chordata come?

  • Q : Sympathetic and parasympathetic neural

    Describe the antagonism between the sympathetic and parasympathetic neural actions?