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The Process of Sending Cash from a Foreign Subsidiary Back

question 50

Multiple Choice

The process of sending cash from a foreign subsidiary back to the parent company is known as _____. 


Definitions:

Centralized Bargaining

A negotiation process in which a central body, rather than individual employers, negotiates on behalf of multiple employers with a union(s), typically resulting in a collective agreement.

Social Partnership

A form of cooperation between the government, businesses, and trade unions to formulate and implement policies collectively, often focusing on economic and social issues.

Works Council

A body representing employees that exists in some countries, tasked with negotiating working conditions and rights with management.

Labor Law

The collection of legislations, rulings from administrations, and past decisions focusing on the rights and limitations of employees and their unions.

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