Examlex
What does Thomas Friedman mean when he argues that the Lexus drives out the olive tree?
Exportive IHRM Approach
Transferring home HRM systems to foreign subsidiaries without modifying or adapting to the local environment.
Subsidiaries
Companies that are fully or partially owned and controlled by another company, known as the parent company.
Transaction Costs
Expenses incurred during the exchange of goods or services, beyond the price of the goods or services themselves.
Integrative IHRM Approach
A holistic method in international human resource management that combines several aspects of HR practices across multiple countries to achieve global objectives.
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