4.THREE LICENSING MODELS
Getty Images employs three licensing models
1. Subscription : Customer contractto use as many images as they want as often as they want.
2. Royalty-free : Customers pay a fee based on the file size of the image and can use the image any way they want and as many times as they want.
3. Rights managed : User pay fees according to the rights that they wish to use.
A derivative is a financial instrument whose value depends on other, more basic, underlying variables.
Contracts to buy or sell an asset on or before a future date at a price specified today.
Contracts that give the owner the right, but not the obligation, to buy or sell an asset.
Contracts to exchange cash on or before a specified future date based on the underlying value of currenc
Doctor make a
Diagnosis to him melancholia.
↓
2011.1.11 he committed suicide.
Problem of non-union
1.Poor environment
Mr.Kim worked in poor environment including overwork, exposure of chemicals and stress form work
However, he didn’t have any chance to mention about his difficulties to company.
Mr.Kim worked more than originally stated in the contract.
Committed
Suicide!!!
'Social contract': We can explain this concept related to 'professionalism'. Professional status is not an inherent right. But is granted by society. Its maintenance depends on the public's belief that professional are trustworthy. To remain this trustworthy, professionals must meet the obligations expected by society. In addition, the substance of professionalism should be taught at all levels o
to 7 billion Korean won within a year. In order to realize these goals, Hollys Coffee entered into the Peru through ‘master franchising’ method that allows individuals or corporations to buy the rights to sub-franchise within some specific countries. The company usually adapts master franchising method so as to minimize risk when it enters the country where its brand is seldom familiar to th