Examlex
Over-aggregation and runoffs are the major problems associated with the repricing gap.
Industrial Goods
Products and materials used in the production process of other goods, rather than goods purchased directly by consumers.
Traditional Organization
Describes an organizational structure characterized by a clear hierarchy, rigid departmentalization, and a focus on adherence to established procedures and policies.
Localization
the process of adapting a product, application, or content to meet the language, cultural, and other requirements of a specific target market or locale.
Glocalization
A portmanteau of globalization and localization, describing how global practices are adapted to local cultures and environments.
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