Examlex
When a route in a transportation problem is unacceptable,the corresponding variable can be removed from the LP formulation.
Franchising
A method of doing business wherein a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage of gross sales or gross profits as well as the annual fees.
Indirect Exporting
The process of selling products to a foreign market through an intermediary, such as an export trading company or an export management company, rather than directly to the consumer or retailer.
Direct Exporting
A method of entering a foreign market by selling goods directly to customers in another country, bypassing any intermediaries.
Back Translation
The process where a text is translated from one language to another and then translated back to the original language by a different translator to check for accuracy.
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