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A(n)__________is an Arrangement Whereby Someone with a Good Idea for a Business

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A(n) __________is an arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell a product or service to others in a given territory.


Definitions:

Trompenaars

A reference to Fons Trompenaars, a Dutch organizational theorist known for his work on cross-cultural communication and international management.

Person-Task Orientation

The focus on balancing personal interactions and task completion within an organization or team, maximizing both human and operational efficiency.

Power Distance

A cultural dimension that describes how people in a society deal with inequalities and the distribution of power.

Strategic Physical Distance

The deliberate placement or positioning of leaders away from their followers to maintain authority, respect, or to promote independence and self-reliance among subordinates.

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