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Use a calculator to perform the operation.
Franchise
A business model where a franchisee obtains the rights to operate a business under the franchisor's brand and system in exchange for a fee.
Foreign Firm
A company that is based in one country but operates or has offices in other countries.
Local Firm
A business establishment that operates in a specific geographical area, typically offering products or services to a local market or community.
International Marketplace
A global economic environment where goods, services, and capital move across borders, allowing for the exchange and consumption beyond local and national markets.
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