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 series circuit is a circuit in which resistors or loads are connected end to end so that the circuit will have only one path through which electric current flows. Thus, when a number of resistors are connected in series, the effective resistance (total resistance in the circuit) is gotten by adding the individual resistance algebraically.