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Max Weber is given credit for developing the roles that conspicuous leisure and conspicuous consumption have in revealing social ranking.
Global Company
A business that operates and sells products or services in multiple countries across the world, often managing a complex web of international supply chains and markets.
Centrally Managed
The control and decision-making process of an organization or system consolidated at a central point or by a central authority.
Licensing Agreements
Legal contracts that grant one party permission to use another's intellectual property, such as patents, trademarks, or copyrights, in exchange for compensation.
Specified Territory
A designated geographical area or market for which a person or entity holds responsibility, often in sales or distribution.
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