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As US Organizations Set Up Subsidiaries Overseas, It Is Easy to to Superimpose

question 32

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As U.S. organizations set up subsidiaries overseas, it is easy to superimpose American HR practices on the subsidiary.


Definitions:

Milton Friedman

An American economist known for his strong belief in free-market capitalism.

Permanent

Something that is meant to last or continue indefinitely without change.

Disposable Income

Refers to the sum of money available to families for spending and saving purposes once income taxes have been deducted.

APC

Average Propensity to Consume; the ratio of total consumption to total disposable income.

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