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What are the circumstances under which managers may want to choose a local hire rather than an expatriate?
Goodwill
The value attributed to a company's brand name, customer base, good customer relations, good employee relations, and any patents or proprietary technology during acquisitions.
Personal Use
Utilization of property, goods, or services for individual rather than business or commercial purposes.
Partnership
A business arrangement that is legally recognized, involving two or more partners sharing both management responsibilities and profits.
Articles of Partnership
A document that specifies the terms and conditions under which a partnership operates, including the rights and responsibilities of each partner.
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