Examlex
Explain the value of business processes for a company, and differentiate between customer-facing and business-facing process.
Transnational Corporations
Large companies that operate and have assets in more than one country, functioning with a global perspective.
Local Firms
Businesses that operate within a specific geographic area or community, typically offering products or services to the local population.
Political Risks
The possibility of losses to a business due to changes in a country's political environment or policies.
North American Free Trade Agreement
A trilateral trade agreement between the United States, Canada, and Mexico aimed at eliminating tariffs and reducing trade barriers.
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