People Learn Values and Principles Through Socialization by Family Members

question 21

True/False

People learn values and principles through socialization by family members, social groups, religion, and formal education.

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Definitions:

Franchising

A method of doing business wherein a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage of gross sales or gross profits as well as the annual fees.

Indirect Exporting

The process of selling products to a foreign market through an intermediary, such as an export trading company or an export management company, rather than directly to the consumer or retailer.

Direct Exporting

A method of entering a foreign market by selling goods directly to customers in another country, bypassing any intermediaries.

Back Translation

The process where a text is translated from one language to another and then translated back to the original language by a different translator to check for accuracy.