Which of the Following Is One of the 21^st-Century Organizational

question 12

Multiple Choice

Which of the following is one of the 21^st-century organizational trends on the business side?

• A) Uncertainty in terms of future business scenarios and economic outlooks.
• B) Emphasis on strategic analysis for cost reduction and productivity enhancement.
• C) Focus on improved business resiliency via the application of enhanced security.
• D) All of these.

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Definitions:

Brand Licensing

A legal agreement where a brand owner permits another party to use its brand, logo, or product names in exchange for a fee or royalty.

Trademark

A distinctive sign, design, or expression that identifies products or services of a particular source from those of others.

Royalty

Royalties are payments made to copyright or patent holders, or to the owners of other types of intellectual property, in exchange for the right to use their work over a period.

Contractual Agreement

A legally binding contract specifying agreements between parties that outlines the terms and conditions of their arrangement.