Examlex
In the early West, ________ were set up to pursue cattle rustlers and stagecoach robbers.
Loss Of Control
The reduction or elimination of an individual's or entity's power to make decisions in a company or over its assets.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
Bulk Purchasing
The process of buying goods in large quantities at a discounted rate to save money and increase profit margins.
Franchisors
Companies or individuals that grant the license to third parties to conduct business under their brand and operational model.
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