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Maslow's theory assumes that different people have different patterns of needs.
Privatisation
The selling of state‐owned enterprises into private ownership.
State-Owned Enterprises
Organizations that are owned and operated by the government and play a role in the delivery of public services or the production of goods.
Private Ownership
Ownership of assets by individuals or corporations rather than by the state or public entities.
Licensing Agreement
Occurs when a firm pays a fee for the rights to make or sell another company’s products.
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