Examlex
When the management and/or a small group of investors take over a firm and the shares of the firm are delisted and no longer publicly available,this action is known as a:
Foreign Assignment
A work task or role assigned to an employee that involves working in a country other than their own.
Home Countries
The countries where multinational corporations are headquartered or originate from.
Balance Sheet Approach
A method in expatriate management that aims to maintain an employee's standard of living when assigned overseas, by adjusting salary based on cost of living, housing, and other factors.
Standard Of Living
A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
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