Setting Up a Business Enterprise in Another Country (E

question 45

True/False

Setting up a business enterprise in another country (e.g.building a factory in China)is called outsourcing.

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Definitions:

Excel Solver

A Microsoft Excel add-in program that performs linear, nonlinear, and evolutionary optimization, solving decision-making models.

Fabrication Department

A division within a manufacturing company responsible for constructing and assembling the components of a product.

Finishing Department

The final stage in a manufacturing process where products undergo final touches, quality checks, or packaging.

Swivel Model

A term that does not correspond to a widely recognized concept in standard academic or industry terminology. NO.