Examlex
In general,it is typically better to hire host-country nationals when operating abroad because it is less expensive,it pleases the local government,and it eliminates the problem of employees adjusting to the culture.
Multinational Companies
Corporations that operate in multiple countries outside of their original or home country.
Sophisticated Technologies
Advanced and highly developed technologies that often offer superior performance, efficiency, or capabilities compared to more conventional technologies.
Greenfield Operation
The process of building a new business or facility from scratch in an area where no previous facilities exist, often in a foreign market.
Subsidiary Company
A company that is controlled by another company, known as the parent company or holding company.
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