Examlex
Which training method enables the maximum number of trainees to be handled by the minimum number of instructors?
Transnational Strategy
A strategic approach used by multinational corporations that seeks to achieve global efficiency, local responsiveness, and worldwide learning, leveraging global integration and local adaptation.
Scale Economies
Economic efficiencies that arise due to the increased output or size of an operation, leading to a reduction in average costs.
World Car
A term used to describe a model of car designed to meet the needs and preferences of consumers in multiple countries or regions.
Multidomestic Corporation
A company that operates in multiple countries, adapting its products and services to accommodate local preferences and legal requirements.
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