GLOBAL STRATEGY. Global strategy on the micro level pertains to the allocation of a company's resources in a manner that will take advantage of profit opportunities outside of domestic markets. In its broadest interpretation, that definition encompasses activities such as overseas manufacturing, foreign investing, and importing.
Shaping is when the router manages traffic to ensure that the average rate of transmission, over time, does not exceed a specified value. The main application of shaping is when you have a circuit whose speed is less than the clock speed of the interface that circuit is delivered on. A common example might be a 10Mbps circuit delivered on a Fast Ethernet interface.
A circuit is a circular path. It could be the circuit of an electric current or the route of the Indianapolis Motor Speedway. If youâre promoting your new book, youâll be making the talk show circuit. What all these circuits have in common the idea of tracing a circle. A circuit preacher doesn't stay at one church, but instead travels from church to church, following a particular route.