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A major disadvantage of the multinational model is higher manufacturing costs and duplication of effort.
Low Cost Strategy
A business approach aimed at offering products or services at the lowest possible price point to gain competitive advantage and attract price-sensitive customers.
Flexibility
The ability of a system, organization, or individual to adapt effectively to changes, challenges, or varied demands.
Movable Equipment
Equipment that can be easily transported or moved, often used in various industries for operational flexibility.
Sophisticated Electronic
Advanced electronic systems or devices that have complex functions and capabilities.
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