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A company creates highly independent operating units in each new country when using the multidomestic strategy.
Standard Deviation
A statistic that measures the dispersion or variability of a dataset relative to its mean.
Design Specifications
Detailed descriptions, drawings, and criteria provided to outline the requirements and standards for creating a product or system.
Control Limits
Boundary values in control charts that signify the maximum acceptable range within which a process variation is considered stable or in control.
Control Limits
The boundaries in process control that define the acceptable range for a process or system's performance to stay within statistical control.
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