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The Policy of Filling Key Positions with Individuals in the Region

question 63

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The policy of filling key positions with individuals in the region of the subsidiary in offshore organizations is known as the polycentric policy of global staffing strategies.


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Good Cause Clause

A provision in contracts that allows for termination of the agreement under specified conditions that are deemed to be legitimate or of "good cause."

Specified Area

A designated or defined geographic or operational space allocated for a particular purpose or activity.

Intangible Asset

An asset that lacks physical substance, such as intellectual property, goodwill, or brand recognition.

Patent Right

A legal entitlement granted to an inventor or assignee to exclusively exploit an invention for a certain period, preventing others from selling, making, or using the invention without permission.

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