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Additional Case 9.2
Martin, the director of HR at Austin Designs, is meeting with the career development team. The firm's CEO has decided that the company needs to invest the time and effort into improving the direction and development phases of the current career development program; however, development funds are limited. The CEO and most of the executive management team are self-made professionals who believe strongly in individual responsibility. The organizational structure of Austin Designs is very flat. The company has a wide variety of jobs but few levels of high responsibility. Feedback from employees suggests that they don't know when promotional opportunities are available.
-Refer to Additional Case 9.2.Which of the following best supports the idea of generating broad career paths for employees at Austin Designs?
Parent-subsidiary Corporations
A relationship between two companies where one (the parent) controls the other (the subsidiary).
Consolidated Tax Return
A tax return filed by a corporate group that combines its tax liability into one return, simplifying the tax filing process.
Intercompany Sales
Transactions of goods or services between divisions or subsidiaries within the same parent company.
Common Parent Corporation
The umbrella corporation in a conglomerate or group of companies that controls subsidiary companies.
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