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As per the terms of the licensing/ franchising agreement, only the parties to the licensing/franchising agreement are legally entitled to make use of the licensor's/ franchiser's copyrights, patents and brand names in foreign countries.In fact, human capital is in one way superior to other resources like land and physical capital: human resource can make use of land and capital.As a result, other firms in the foreign market cannot make use of such trademarks and patents.According to this view, the poor lack the ability and motivation to put in effort, and make use of available opportunities.Banks make use of the deposits to meet the loan requirements of the people.The basic aim of the programme is to provide farmers in rural India with the opportunity to make use of a direct marketing channel eliminating multiple intermediation and wasteful handling and unnecessary transaction costs.Even this energy is processed by living organisms and various physical and chemical processes on the earth before we make use of it.An intelligent manager should make use of positive aspects of informal channels and minimise negative aspects of this channel of communication.These firms make use of the production facilities already existing in the foreign countries.Here, we can make use of standard enthalpy of formation and calculate the enthalpy change for the reaction.He should spot and make use of such organisations for effective directing.

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