Examlex
Certificates of deposit (CDs) with shorter maturity dates tend to pay higher interest rates than those with longer maturity dates.
Keiretsu
A Japanese term that describes suppliers who become part of a company coalition.
Japanese Manufacturers
Companies based in Japan known for their emphasis on quality, innovation, and efficient production techniques, often within the automobile and electronics industries.
Local Optimization
A process of optimizing a specific area or department within an organization without necessarily considering its impact on the whole system.
Global Optimization
Global Optimization is the process of finding the best possible solution or achieving the highest efficiency across all possible solutions in a given mathematical model or situation.
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