Examlex
Explain and assess individual (individual faults and culture of poverty)versus structural (functionalist and conflict theory)explanations of poverty
Licensing
Involves granting permission to an individual or entity to use intellectual property, such as patents, trademarks, or technology, under agreed terms and conditions.
Low-Risk
Pertains to investments or decisions that have a relatively small chance of resulting in financial loss or negative outcomes.
Local Manufacturing
The production of goods within a specific geographic region, typically emphasizing the benefits of reduced transport costs, supporting local economies, and minimizing environmental impact.
Franchising
A business model that allows one party (the franchisee) to operate a business using the branding and business system of another party (the franchisor) in exchange for fees or royalties.
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