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Through licensing, firms are able to reach international markets without having to establish international supply chains or marketing arms.
Store Manager
An individual responsible for overseeing the daily operations of a retail store, including sales, staff, stock, and resources management.
Upper Quartile
The value below which 75% of the data set falls, marking the upper quarter of data points.
Test Scores
Numerical or grading assessments that reflect the performance of individuals on examinations or tests.
Boxplot
A standardized way of displaying the distribution of data based on a five-number summary: minimum, first quartile, median, third quartile, and maximum.
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