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Explain How Products Are Developed

question 17

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Explain how products are developed.


Definitions:

Foreign Direct Investment

Investments made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Workers' Rights

The set of legal and moral rights afforded to employees, concerning fair wages, safe working conditions, freedom from discrimination, and the right to organize.

Collective Bargaining

The process of negotiation between employees, through their representatives, and employers on terms of employment.

Labor Problem

Issues and conflicts arising from the employment relationship, including disputes over wages, working conditions, and workers' rights.

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