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Disadvantages of Joint Family: How to Overcome the Challenges?
A joint family is an extended household structure where the grandparents, parents, children, or other relatives together reside. Traditionally, Indian…
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National Institute of Foreign Trade Management: Features & Functions
The National Institute of Foreign Trade Management is a premier educational institute in India. It deals with international business, trade,…
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Franchising in International Business: Advantages & Disadvantages
Franchising in international business allows companies to expand their brands worldwide without dealing with all the risks of new locations.…
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Licensing in International Business: Advantages & Disadvantages
In today's global economy, businesses seek to expand from their respective countries. A common strategy applied in international business is…
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Licensing and Franchising: Key Difference, Components & Benefits
Every day, companies are always finding ways to spread their businesses across different geographies and channels with minimum operational overheads.…