[Solved] A 404 error indicates that the page was created using settings for a previous browser version. Global Market: A market that transcends national borders, encompassing worldwide commerce and trade. Franchising: A method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Licensing: The act of granting permissions to individuals or entities to use patented or copyrighted material, trademarks, or technology owned by another party, under agreed terms and conditions. Variation: Differences in products, services, or processes that distinguish them from others in the same category.