Examlex
A localization strategy makes most sense when demands for local responsiveness are high, but cost pressures are moderate or low.
Income
Refers to the money an individual or business receives in exchange for providing a good or service or through investing capital.
Capital Intensive
Describes industries or businesses that require a large amount of capital investment in relation to their labor cost to produce goods and services.
Four Seasons Hotel
A luxury hotel chain known for its high-quality service and accommodations, catering to guests with upscale amenities.
Ford Manufacturing
The production processes and strategies used by the Ford Motor Company, known for innovations like the assembly line which revolutionized mass production.
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