Examlex
Application of Skills Directions:
Apply the knowledge you have gained from Chapter 25 to answer the following questions.
Which of the following sentences uses the semicolon and colon correctly?
Franchise
The right or license granted to an individual or group to market a company’s goods or services.
License
A legal authorization allowing an individual or entity to use a piece of property or engage in a particular activity or business.
Decentralized Company
A decentralized company allows for decision-making authority to be distributed among various levels within the organization rather than being concentrated at the top.
Decision Making
Choosing among alternative actions; a component inherent in the other management processes of planning, directing, controlling, and improving.
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