Examlex
Cumulative probabilities are analogous to the discrete ranges of random numbers used in the Monte Carlo process.
Import/Export
The business of trading goods and services across international borders, involving the shipment of products from a country of origin (export) and bringing in goods from abroad (import).
Licensing
The process of leasing a legally protected entity (such as a trademark, patent, or technology) for the purpose of generating revenue.
High Cost Reductions
Strategic measures aimed at significantly lowering the expenses incurred by a business or organization.
Transnational Strategy
A multinational corporation’s approach that combines global integration with local responsiveness.
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