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Foreign Licensing Is a Relatively Simple Way for Even the Most

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Foreign licensing is a relatively simple way for even the most inexperienced business owner to extend his reach into global markets.


Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision making.

Algorithms

Step-by-step procedures or formulas for solving problems or performing tasks.

Anagrams

Words or phrases formed by rearranging the letters of another word or phrase, typically using all the original letters exactly once.

Concepts

are mental representations or abstract ideas that group together objects, events, qualities, or relations on the basis of common properties or attributes.

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