Examlex
The granting of permission by one company to another company to use a specific form of its intellectual property under clearly defined conditions is referred to as:
Transnational
Pertaining to or operating across national borders, often used to describe corporations, investments, or activities that are not confined to a single country.
Transnational Company
A multinational corporation that operates across multiple countries, maintaining significant operations and management in more than one country.
Centralized Authority
An organizational structure where decision-making and control are concentrated at the top levels of management, with little delegation of authority to lower levels.
Ethnocentric
Viewing one's own culture or ethnic group as superior to others and judging other cultures by one's own cultural standards.
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