Examlex
When a firm increased its output by one unit,its AC rose from $45 to $50.This implies that its MC is
Multidomestic
A strategy where a company customizes its products or services to suit local markets and operates relatively independently in each country.
Union Structure
The organizational hierarchy and framework governing a labor union, including its administration and member representation.
Conglomerate
A large, multi-industry company composed of various unrelated businesses under a single corporate group.
Parent-Country Nationals
Parent-country nationals are employees who originate from the country where the headquarters of a multinational company is located, often sent abroad to work in the company's foreign operations.
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