Definition, Meaning & Synonyms
worldwide-production
noun
/wɜːrldwaɪd prəˈdʌkʃən/
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Definition
The process of manufacturing or producing goods on a global scale, with considerations for international markets and resources.
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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.
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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.
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Synonyms
- Global manufacturing
- International production
- Cross-border production