Examlex
Briefly list the various functions of financial institutions.
Licensing
The process of granting official permission to an individual or entity to perform certain activities or use specific intellectual properties.
Decentralized Authority
An organizational structure in which decision-making powers are distributed throughout various levels rather than being concentrated at a single point.
Multinational Venture
A business enterprise that involves partnerships or investments across multiple countries, highlighting global collaboration and expansion.
Single National Identity
The concept of a unified identity for all citizens of a nation, emphasizing common culture, values, and national pride, often overshadowing ethnic or regional identities.
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