Examlex
What is a system of classification that uses physical characteristics to divide the human population into supposedly discrete groups?
Multidomestic Strategy
A marketing strategy that involves tailoring products or services to fit local market conditions and consumer preferences in each country of operation.
Foreign Licensing
A business arrangement where a firm allows another business in a different country to produce and sell its products under its brand in exchange for a fee or royalty.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights.
Distribution
The process by which goods or services are made available to consumers through a supply chain.
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