Examlex
When insiders have a much greater impact on the wage-bargaining process than do outsiders, the negotiated wage is likely to be ______ the equilibrium wage.
Franchising Systems
Business models where a brand allows individual proprietors to use its trademarks and methods in exchange for a fee and adherence to brand standards.
Differ
To be unlike or distinct in nature, form, or characteristics.
Advantages
Benefits or favorable points that give someone or something a more competitive position or higher likelihood of success.
Franchisee
An individual or company that holds the rights to operate a business or sell goods or services under the trademark and systems of a franchise brand.
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