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Alimony recapture may occur if there is a substantial decrease in the amount of the alimony payments in the second year.
Multidomestic Strategy
A business strategy that involves a company adapting its products and practices to each local market, while maintaining a global presence.
Local Employment Customs
The traditional practices, norms, and laws that govern hiring, working conditions, and worker relations in a particular geographic area or culture.
Location Economies
The cost advantage of performing each stage in the value chain at the lowest cost for that activity.
Multidomestic Strategy
A corporate strategy that involves a firm offering products or services that are tailored to suit the tastes and preferences of different local markets.
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