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Chapter 3&4

Horizontales
a corporation which is held by a limited number of shareholders and is not publicly traded
form of corporation spanning national boundaries
a group elected by stockholders to oversee corporate management
an individual or company that sells or grants a franchise for the sale of goods or the operation of a service.
bring (goods or services) into a country from abroad for sale.
"can grow rapidly by using the investment money Having access to big-business management skills. not haveing to build a business step by step, failure is less likely"
legal principle holding owners responsible for paying off all debts of a business
obtaining permission from a company to manufacture and sell one or more of its products within a defined market area
A governmental restriction on the quantities of a particular commodity that may be imported within a specific period of time
A corporation that is not organized or created in the US or under the laws of the US, any of its states, or the District of Columbia
Verticales
the ability to produce some products more efficiently than others
The practice of outsourcing to foreign countries
arrangement in which a buyer (franchisee) purchases the right to sell the good or service of the seller (franchiser)
a merger between firms that produce and sell the same products
agreement to gradually eliminate tariffs and other trade barriers among the United States, Canada, and Mexico
an individual or company that holds a franchise for the sale of goods or the operation of a service.