Which company used techniques such as a profit distribution system, fixing retail prices, and endorsements and licensing connections to establish itself as an industry standard?

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06-12-2022
Business

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Which company used techniques such as a profit distribution system, fixing retail prices, and endorsements and licensing connections to establish itself as an industry standard?

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ayfat23 ayfat23 · Answer 1 · 2022-12-08T11:14:23+01:00

The company that used techniques such as a profit distribution system, fixing retail prices, and endorsements and licensing connections to establish itself as an industry standard is spalding.

What is a profit distribution?

With the context of business law, the bdistribution of profits can be regarded as the dispensation of the profits amongst partners of partnership, members of a Limited Liability Company.

It should be noted that this can affect the employees in a company, as per the terms outlined in a profit-sharing agreement.

Learn more about profit at:

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