Answer:
Transnational strategy
Explanation:
There is a difference in global approach and Transnational approach.
In global approach, one product is sold and promoted the same way across all channels and location. While in the case of Transnational strategy, it is more like a customized or personalized approach to sell products to a particular targeted audience.
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Indirect materials include <u>salt and pepper.</u>
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What are indirect materials ?
- Indirect materials are goods that, while part of the overall manufacturing process, are not integrated into the final product.
- For example, disposable gloves, personal protective equipment, tape, etc., may be essential to a production line, but they are not part of the actual product created on that line.
- When cost savings take priority, it’s important to control spending and compliance by using a unified source-to-pay (S2P) platform for indirect materials.
- Among S2P platforms, cloud-native ones offer the best functionality: they are easy to set up, deploy, learn and use, and they offer real-time, end-to-end visibility.
- Unlike indirect materials, direct materials are components that are integrated into a manufactured product.
- For example, chips in a mobile phone are direct materials in mobile phone production.
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The underwriting unit, when considering risk factors for individual and group disability insurance, will review the "carrier history" of the group. The factors might the underwriters consider are stability, longevity, and price shopping.
Some major financial organizations, including banks, insurance companies, and investment firms, offer underwriting (UW) services, in which they guarantee payment in the event of harm or financial loss and accept the financial risk for responsibility resulting from such guarantee.
In a number of circumstances, such as insurance, security concerns in a public offering, and bank loans, an underwriting arrangement may be established. The underwriter is the person or organization that consents to sell a minimum quantity of the company's securities in exchange for a commission.
Once an underwriting agreement has been reached, the underwriter is responsible for the cost of keeping the underlying securities on its books while also taking on the risk of not being able to sell them.
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When both parties are expecting to gain from a transaction, they are conducting a Voluntary trade. In a Voluntary trade, both the sell and buyers involved in the transaction based on their own free will and expecting to gain a profit from the trade
