Examlex
What is the correct classification of the following reaction?
Franchise
The right or license granted to an individual or group to market a company’s goods or services.
License
A legal authorization allowing an individual or entity to use a piece of property or engage in a particular activity or business.
Decentralized Company
A decentralized company allows for decision-making authority to be distributed among various levels within the organization rather than being concentrated at the top.
Decision Making
Choosing among alternative actions; a component inherent in the other management processes of planning, directing, controlling, and improving.
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