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For an initial fee plus royalties, Inding Inc., a U . S . - based firm, will provide Caliste Works, a firm based in Singapore,

For an initial fee plus royalties, Inding Inc., a U

.

. -

based firm, will provide Caliste Works, a firm based in Singapore, with an exclusive right to conduct Inding's business in its country.

This form of global business is an example of a

conglomerate

franchise

wholly owned affiliate

joint venture

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