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_____ is/are long-term, nonequity associations between a company and another in a foreign market.
Internal Price Wars
Competitive pricing tactics within an organization or amongst subsidiaries that aggressively lower prices, potentially harming the organization's overall profitability.
Decentralization
The delegation of decision-making authority from central management to lower levels in the organizational hierarchy, often to improve the responsiveness and flexibility of a company.
Advantage
A favorable position or condition that puts one in a better position compared to others, often used in the context of competitive scenarios.
Franchisor
The entity that provides a franchise.
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