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Questions and Answers
What term describes the act of creating new products or processes?
Which term refers to a business with operations in more than one country?
What is the proportion of sales in a market taken by one business called?
Which term describes the cost of borrowing or a percentage that must be repaid in addition to the original borrowed amount?
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What does a secured loan guarantee?
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Which term describes the process of changing a business to a Public Limited Company (PLC) by issuing shares on a stock exchange?
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What is the term for reducing the scale of operations by cutting employees or closing branches?
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Which group tries to influence government or business policies for a particular cause?
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What is the term for adapting to suit the local area and its needs, particularly in terms of culture, language, or geographical location?
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