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Describe a situation in which manager would need to resolve conflict in their organizations. Outline some structural techniques managers can use to do this.
Parent Company
A company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.
Cooperative Marketing Systems
Marketing efforts by a group of businesses working together to promote their collective interests and improve sales.
Contractual Systems
The collection of legal agreements used in franchising, distribution, and other business arrangements that define the terms of relationships between parties.
Franchising
Franchising is a method of doing business wherein a franchisor grants the rights to an individual or entity (franchisee) to operate a business model using the franchisor’s brand and system.
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