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What Are the Strategies That Can Be Used to Minimize

question 8

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What are the strategies that can be used to minimize or adapt to the political risk inherent to global business?


Definitions:

Great Strike Wave

A period characterized by a high number of extensive labor strikes, often reflecting widespread dissatisfaction among workers regarding wages, working conditions, and labor rights.

Labor

Pertains to work, especially manual work done for wages, and can include discussions around the workforce, employment conditions, and workers' rights.

Negotiating Partner

An entity or individual engaged in discussions aimed at reaching an agreement on a specific matter or business deal.

Change to Win

is a labor union federation aimed at revitalizing the labor movement and improving the economic status of workers by organizing them and negotiating better terms.

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