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Describe "Alternative Fuels" and Their Part in the Future

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Describe "alternative fuels" and their part in the future.


Definitions:

Licensing

A legal process in which one firm pays to use or distribute another firm’s resources, including products, trademarks, patents, intellectual property, or other proprietary knowledge.

International Markets

Refers to the various markets operating in different countries around the globe, where goods, services, and currencies are exchanged across national boundaries.

Regulation

The act of controlling, directing, or managing activities through rules and standards imposed by authorities.

Diversification

A marketing strategy that seeks to attract new customers by offering new products that are unrelated to the existing products produced by the organization.

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