Examlex
Coca-Cola hosts MyCoke.com that allows people to congregate online and exchange views on topics of common interest. This website is an example of
Franchise
The right or license granted to an individual or group to market a company’s goods or services.
License
A legal authorization allowing an individual or entity to use a piece of property or engage in a particular activity or business.
Decentralized Company
A decentralized company allows for decision-making authority to be distributed among various levels within the organization rather than being concentrated at the top.
Decision Making
Choosing among alternative actions; a component inherent in the other management processes of planning, directing, controlling, and improving.
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