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Positives and negatives of Licensing and Franchising Precisely what is Licensing and Franchising? Licensing can be a contractual arrangement in which a single firm offers Yet another organization in overseas region access to its patents, trade secrets and techniques, or engineering in Trade to get a payment often called a royalty. The firm that grants this kind of authorization to another firm is named

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Likewise, Importing goods and expert services means buying or bringing them through the overseas market place to the house state. This really is the easiest way a company can get into Intercontinental business, since it requires alm

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