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From a customer service perspective, one of the four important characteristics for global market and strategy is that companies need to attempt to standardize to reduce complexity, but they have to recognize that global markets need some customization.
Absolute Poverty
A condition where individuals lack the basic necessities of life, such as food, clothing, and shelter, measured by predefined income thresholds.
Homeless
A state of having no permanent residence, often resulting in living on the streets, in shelters, or in temporary and inadequate accommodations.
Transitional Poverty
Occurs when a person is living in poverty for a limited period of time; usually results from an event or life circumstance, such as the unexpected loss of employment.
Local Food Bank
A non-profit organization or charity that collects and distributes food to those in need within a local community to combat hunger and food insecurity.
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