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Radio Frequency Identification
A technology using radio waves to identify and track objects, animals, or people by means of tags attached to them.
Franchise System
A franchise system is a business model that allows individuals to own and operate a branch of a larger company, using its brand, trademark, and products.
Contractual System
A formalized system based on legal contracts that define relationships and obligations among parties, often used in franchising and vertical marketing systems.
Franchise System
A business model where a brand allows individuals to operate stores or sell products under its name, following specified rules and sharing profits.
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