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What does it mean when a group member assumes an egocentric role and engages in social loafing?
Franchising
A licensing agreement where a franchisor grants a franchisee the right to use its brand, products, and operational model in exchange for a fee.
Greenfield Investment
A form of foreign direct investment where a parent company builds its operations in a foreign country from the ground up.
Licensing
The granting of permission by an authority or company to an individual or another company to engage in a certain activity or to use a certain product.
Exporting
The act of selling products or services produced in one country to buyers in other countries.
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