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A franchise is not inherently a multinational corporation; rather, it is a business model where a franchisor grants a franchisee the right to operate a business under its brand and system. While some franchises can operate internationally and expand into multiple countries, a multinational corporation typically refers to a large company that has facilities and operations in several countries, often managing its global business from a centralized headquarters. Therefore, while some franchises can be part of multinational corporations, not all franchises fit this definition.

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