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The Jackson Group decides that the best way to get around the exorbitant tariff barriers it encounters when shipping products to Malaysia is to build a factory there, with the same standards as the home factory, and allow that factory to serve the Malaysian market. What type of factory is the Jackson Group going to build?
Derived Demand
The demand for a product or service that results from the demand for another product or service it is used to produce.
Vendor Rating System
A method used by companies to evaluate and rate the performance of their suppliers.
Postpurchase Evaluation
The assessment conducted by consumers after buying and using a product to determine if it meets their expectations and needs.
Value Analysis
A process to improve and optimize a product or service, focusing on its functionality, to reduce costs and increase value for the customer.
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