Examlex
According to the rock cycle, any type of rock (igneous, sedimentary, or metamorphic)may be transformed into another type of rock, given enough time.
Direct Investment
A type of foreign investment where a company or individual establishes a business or acquires tangible assets in another country.
Local Market Conditions
The specific characteristics and dynamics of a market within a localized area, including factors such as demand, competition, and regulatory environment.
Global Market
A market that transcends national borders, encompassing worldwide commerce and trade.
Franchising
A method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.
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