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The Main Risk in a ________ Approach Is the Substantial

question 66

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The main risk in a ________ approach is the substantial resources needed and the difficulty of planning entry strategies for many diverse markets.


Definitions:

Welfare Capitalism

An approach where businesses provide social welfare services to their employees, aiming to improve living conditions and reduce labor unrest.

Prevent Unionization

Strategies employed by employers to discourage or prevent the formation or successful operation of labor unions within their organization.

Mass Production

A manufacturing process that produces large quantities of standardized products, utilizing assembly lines and automation to achieve efficiency and uniformity.

Labor Unions

Organizations formed by workers to advocate for their collective interests in wages, benefits, working conditions, and labor policies.

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