Examlex
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.
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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