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A global HR system should integrate global tools, such as online recruitment systems, with local methods.
Independent
A term describing events that are not affected by other events, or variables with no association or influence on each other.
Net Present Value
A calculation that compares the value of all cash inflows and outflows of a project or investment using a specified discount rate.
Cash Inflows
Funds entering a business or project, typically received through sales, investments, or financing.
Cash Outflows
Money spent or costs incurred by a business or individual, resulting in a decrease in cash assets.
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