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Marrin Associates is an MNE with operations in Hong Kong,India,and Canada.The firm strives to leverage its core competencies worldwide,reduce costs by exploiting location economics,and adapt when efficient to local conditions.Marrin is most likely following a(n) ________ strategy.
Seasonal Discounts
Price reductions offered during specific times of the year to stimulate sales during slow periods.
Inventory
The quantity of goods or materials on hand that a business holds for the purpose of resale or production.
Break Even
The point at which total revenues equal total costs, resulting in no net loss or gain for a business.
Maintenance Service
Services performed to keep equipment or facilities in optimal working condition, including repairs, cleaning, and regular check-ups.
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