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Stock index futures provide the portfolio manager a realistic alternative to selling either a part or the entirety of a portfolio in a declining market.
Reengineering
A process of redesigning business procedures and organizational structure to achieve improvements in efficiency, effectiveness, and adaptability.
Global Assignments
Roles or projects assigned to employees that involve working in different countries, often aiming to meet the international objectives of an organization.
Outsourcing
The business practice of hiring a third party to perform services, handle operations or provide goods that are either difficult to manage or are outside the company's expertise.
Expatriates
Employees who are sent to live and work in a foreign country by their employer.
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Q68: Large, prestigious investment banking houses generally provide