Examlex
Training programs are useful in preparing people for overseas assignments for many reasons.These reasons can be put into two general categories which are:
Replacing Old
involves updating or substituting older products, methods, or technologies with newer ones to improve efficiency, functionality, or relevance.
Outward Shift
An increase in a country's production possibility frontier, indicating an expansion in its capacity to produce goods and services.
Production Possibilities Curve
An illustrative chart depicting the optimal output possibilities of two different goods or services that an economy can reach with full and efficient use of all available resources.
Tax Policy
The set of laws and regulations governing how taxes are collected, managed, and utilized by a government.
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