A Local Manufacturer That Wants to Be a Global Manufacturer

question 12

True/False

A local manufacturer that wants to be a global manufacturer faces few mobility barriers because it has not yet invested in supply chains, which can become outdated and expensive.

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Definitions:

Wilderness

Natural areas left undisturbed by human development, where ecosystems operate freely without significant human influence.

Treadmill Of Production

A theory that explains the persistent and self-perpetuating cycle of production and consumption driven by industrial society's demand for continuous economic growth.

Privatize

The process of transferring ownership and control of a business, enterprise, agency, or public service from the government to private individuals or organizations.

Deforestation

The process of clearing Earth's forests on a massive scale, often resulting in damage to the quality of the land.