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Define the Following Terms: September 11, 2001

question 74

Short Answer

Define the following terms: September 11, 2001


Definitions:

Gray Markets

A marketplace where products are sold through unauthorized channels, which, while not illegal, are unofficial and unauthorized by the original manufacturer.

Brand Licensing

A legal authorization by a brand owner allowing another company to use its brand, logo, or product names for a specified purpose and period.

Local

Relating to or occurring in a particular area, community, or locality; often used to emphasize the importance of community-based or region-specific characteristics.

Reterritorialization

The process by which a space or territory is reorganized and redefined, often in response to social, cultural, or economic changes.

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