Examlex
The concept of the lean thinking philosophy is generally credited to General Motors.
State Policy
Formal guidelines or courses of action adopted by a government to address public issues and achieve desired outcomes.
Early Industrialization
The phase during the 18th and 19th centuries when societies transitioned from agrarian to industrial economies, marked by the development of factories and machinery.
Tariff Barriers
Economic measures implemented by countries to restrict imports by increasing the cost of foreign goods through taxes.
Foreign Direct Investment
Investment made by a company or individual in one country in business interests in another country, in the form of establishing business operations or acquiring business assets.
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