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Companies that go global confront several major risks. Describe three of these risks.
Assembly Line Technology
A manufacturing process in which parts are added to a product in a sequential manner to create a finished product faster and more efficiently.
Recession
A period of decline in economic activity lasting more than a few months, as reflected by falling output, employment, income, and other aggregate measures.
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.
Decrease in Supply
A reduction in the availability of a particular good or service in the market.
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