Examlex
A major use of an HRIS in an MNE is the collection and maintenance of labor market data.
Initial Franchise Fee
A one-time payment made by a franchisee to the franchisor when a new franchise agreement is signed, covering rights to use trademarks, systems, and support.
Substantial Performance
A legal principle indicating that a party has fulfilled enough of its contract obligations to warrant payment, despite minor issues.
Employee Training
Programs and activities aimed at increasing the skills, knowledge, and competencies of employees to improve their performance and efficiency.
Management Training
A process or program to improve the skills and knowledge of managers within an organization, focusing on various aspects of management and leadership.
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