Differences in International Economic Systems Generally Impact All but One

question 52

Multiple Choice

Differences in international economic systems generally impact all but one of the following.Name the exception.

• A)Incentives for individuals to increase human capital
• B)Promotion systems,particularly among domestic companies
• C)Compensation systems,particularly among global companies
• D)The appropriateness of various HR practices

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Definitions:

Double Taxation

The imposition of tax by two or more jurisdictions on the same declared income, asset, or financial transaction.

S Corporation

A type of corporation in the United States that elects to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code, allowing profits to be passed directly to shareholders and avoid double taxation.

Promoters

Individuals or entities that take the initiative in founding and organizing a business or corporation, often responsible for its early management and securing of initial capital.

Incorporation Process

The legal procedure through which a business entity is formed and recognized as a corporation under the law, providing it with certain legal rights and protections.