Examlex
Which of the following is likely to occur if a company has an insufficient number of territories?
Local Market
A market within a specific geographical area where goods and services are exchanged within the local community.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, largely driven by international trade and investment and aided by information technology.
Economic Reforms
Government policies aimed at improving a country's economic efficiency by reducing restrictions, encouraging free-market conditions, and fostering competition.
Free Trade
Free trade is a policy framework in which governments do not discriminate against imports or interfere with exports, allowing goods and services to move freely between countries.
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