They maintain their families at home while staying in hotels and traveling extensively in the foreign nation to which they have been deputed.
The desired function of expatriation is to make sure that the expatriate is capable of carrying out and achieving global business plans, including the knowledge transfer, coordinating and managing international operations/units, and developing human resources.
The rise of "global nomads" and citizens of third countries, more carefully considered mobility rules, and a developing connection between international mobility and talent management are three of the largest developments in global expatriate management.
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when a company has a customer that has not paid its account receivable and negotiates that the customer will provide an interest-bearing note in satisfaction of the account receivable, it will?
When a firm has a customer that has not paid its account receivable and negotiates that the customer will submit an interest-bearing note in payment of the account receivable, then it will receive the interest and the principal amount will be classified as bad debts.
What is an interest-bearing note?An interest bearing note is defined as a loan from a lender to a recipient or a borrower that bears interest as per the terms of the arrangement with both the parties.
Therefore, In the given case, the company received the interest bearing note by the customer that he will pay the interest amount for the amount that he received from the company, but the principal amount will be called as the bad debts.
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