Examlex
The following statement is true about globalization, according to the text:
Life Insurance
A type of insurance that protects people against the financial losses that occur with premature death.
Franchising
A business model that allows individuals to own and operate a branch of a larger company using its brand name, systems, and processes.
Start-Up Cost
Initial expenses required to establish a business, including equipment, permits, and marketing.
Absolute Control
A situation where all power and decisions rest with one entity or individual, without any external influences or checks.
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