Definition, Meaning & Synonyms
worldwide-production
noun
/wɜːrldwaɪd prəˈdʌkʃən/
Definition
The process of manufacturing or producing goods on a global scale, with considerations for international markets and resources.
Examples
- The company specializes in worldwide production, enabling it to reach customers across continents.
- Innovations in technology have streamlined worldwide production processes.
- During the pandemic, many industries faced challenges in their worldwide production capabilities.
Meaning
Worldwide production refers to the ability of businesses to operate and produce products in multiple countries, utilizing global supply chains and markets to meet consumer demand.
Synonyms
- Global manufacturing
- International production
- Cross-border production