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Match the Term with Its Definition

question 81

Essay

Match the term with its definition.Some terms may not be used.
a.Economic risk
b.Experience curve efficiencies
c.Foreign licensing
d.International franchising
e.International outsourcing
f.International strategic alliance
g.Learning effects
h.Licensee
i.Licensor
-A strategy that involves accessing foreign labor through contracts with independent providers


Definitions:

Structures

The arrangement or organization of parts to form a whole, which can apply to physical, biological, social, or conceptual entities.

Cognitive Abilities

Mental capacities that include reasoning, problem solving, planning, abstract thinking, complex idea comprehension, and learning from experience.

Understanding Logic

The cognitive skill of recognizing, applying, and reasoning with concepts of formal and informal logic, critical for problem-solving and decision-making.

Concrete

A material made from a mixture of broken stone or gravel, sand, cement, and water, which can harden into a strong building material.

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