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Jerrica,a Finance Manager at LRV Industries,is Asked by Her Boss

question 195

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Jerrica,a finance manager at LRV industries,is asked by her boss to develop a plan in the event that company sales drop by 20 percent or more. This type of plan is known as a(n) :


Definitions:

Host Country

The country in which a multinational company operates a facility or office, outside of its home country.

Business Location

The geographical place where a company is situated, including considerations for market access, labor pool, cost, and regulatory environment.

Necessary Resources

The essential assets, materials, and inputs required for an organization to operate effectively and achieve its goals.

Proximity to Customers

The closeness of a business to its customers, which can influence customer satisfaction and loyalty.

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