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When a Harry Potter Movie Is Released Other Potter Products

question 81

Essay

When a Harry Potter movie is released other Potter products such as games,toys,candy,clothing,and home items are offered for sale.Explain why this happens using the concept of licensing?


Definitions:

Effective Compensation System

A reward framework designed to motivate employees, attract talent, and retain workers, aligning with organizational goals.

Organization And People

Refers to the study and practice of managing the workforce within an organization to improve its effectiveness and culture.

Performance Pay

A compensation system where an employee's pay is based on their job performance, often involving bonuses or other incentives.

Indirect Pay Plan

A compensation strategy that includes non-monetary benefits such as health insurance, retirement plans, and paid time off, as opposed to direct financial payments like wages and salaries.

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