Examlex
Centralisation is the system of reporting relationships in the organisation.
Multinational
A corporation that operates and invests in multiple countries outside of its home base, often demonstrating significant influence on global trade dynamics.
Developed Countries
Refers to nations with advanced economies, technological infrastructure, and higher standards of living.
Flat World
The concept of a "Flat World" suggests a level playing field in global commerce, where all competitors have equal opportunities, propelled by advancements in technology and globalization.
Global Market
An interconnected marketplace without geographical limits where goods, services, and capital move freely.
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