Examlex
Define the following terms
-discrete variables
Domestic Strategy
Internationalizing by exporting goods abroad as a means of seeking new markets.
Labour Market
The arena in which employers and employees interact, considering the demand and supply of labor, where wages, employment levels, and working conditions are determined.
Forecasting Demand
The process of estimating the future demand for a product or service based on historical data, market trends, and other factors.
International Setting
Refers to the global context in which organizations operate, encompassing different cultures, legal systems, and market conditions.