9781422270646

WORDS TO UNDERSTAND

apprenticeship: a formal training program that combines supervised practical experience and classroom instruction doctorate: an educational credential that is awarded to an individual who completes two or three additional years of education after earning a master’s degree; it is also known as a doctoral degree (PhD) multinational companies: businesses that operate in more than one country profit: any money that is earned after expenses are paid (e.g., salaries for employees, shipping, manufacturing, operational expenses, taxes)

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