Examlex
Due to political instability in the country of East Gerdon, the strategic leaders at the headquarters of Mako Manufacturing have decided to close all production facilities in the country until stability returns. Mako's managers have formulated a ________-level strategy.
Luxury
Goods or services that are considered non-essential but desirable and associated with high-quality and high price.
Defensive Medicine
The practice by healthcare providers of ordering tests, treatments, or procedures to protect themselves from potential malpractice lawsuits, rather than to benefit the patient.
Overconsumption
The excessive use of resources or consumption of goods beyond what is sustainable or environmentally sound.
Economic Growth
An increase in a country's output of goods and services over time, often measured by changes in real GDP.
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