Examlex
When phenol dissolves in water, it functions as
Dual Sourcing
A source strategy in which firms produce products in-house to ensure quality and availability while also purchasing the same products from suppliers in order to force competition and push innovation within the in-house unit.
Reshoring
The process of bringing manufacturing and production back to a company's original country from overseas to benefit from lower costs, better quality control, or tighter supply chain management.
Firm's Product
The goods or services produced and offered by a business to its customers.
Economic Climate
The overall state and conditions of an economy, affecting business confidence, consumer spending, and financial markets.
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