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In Terms of the Various Modes of Entry into a Foreign

question 33

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In terms of the various modes of entry into a foreign market,franchising is employed primarily by service firms,whereas licensing is pursued primarily by manufacturing firms.


Definitions:

Drafting

The process of writing down preliminary versions of documents, plans, or designs, which are subject to revision and editing.

Revising

The process of reviewing and altering a document or project to improve it, often involving corrections and reorganization.

Internal Audiences

The group of people within an organization, such as employees or internal stakeholders, who are the targeted recipients of specific communications or information.

Factual Information

Factual information refers to data or details that are based on facts and can be proven to be true or accurate.

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