The following information is for Brown Company:
Definitions:
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.
Home HR Practices
Human resources policies and practices that are applied within an organization, tailored to its culture and operational requirements.
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