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The Tension Between Integration (Centralisation) and Differentiation (Localization) Is Seldom

question 32

True/False

The tension between integration (centralisation) and differentiation (localization) is seldom a major dilemma for global firms and their HR managers.


Definitions:

Operating Cash Flow

The amount of cash generated by a company's normal business operations, used to assess the company's ability to generate sufficient positive cash flow to maintain and grow its operations.

Net Working Capital

Net working capital is a measure of a company's liquidity, operational efficiency, and short-term financial health, calculated as current assets minus current liabilities.

Top-Down Approach

An investment strategy that starts with global economics before identifying specific sectors and companies for investment.

Operating Cash Flow

An indicator of the money produced through the regular business activities of a company.

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