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Which of the Following Processes Is (Are)part of the Process

question 36

Multiple Choice

Which of the following processes is (are) part of the process of globalization?


Definitions:

Licensing

The process of granting permission by one party to another to use a trademark, patent, or technology under agreed terms and conditions.

Market Entry Strategy

Refers to the planned method of delivering goods or services to a new target market and distributing them there.

Profit Potential

The capacity for future financial returns or earnings.

Market Entry

The strategies or methodologies used by a company to start selling its products or services in a specific market or geographic area.

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