List the Four Factors That Affect HRM in Global Markets,and

question 97

Essay

List the four factors that affect HRM in global markets,and describe each briefly.

Understand the assumptions behind using market values in WACC computation, and the rationale for these assumptions.

Grasp the concept of cost of debt and its role in WACC calculation.

Recognize the importance of cost of capital in a firm's financial decision-making process.

Be able to define Economic Value Added (EVA) and its significance.

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Definitions:

Length of Service

The duration of time an employee has worked for a particular employer, often affecting their eligibility for certain benefits or recognition.

Vesting

A provision in employer-provided retirement plans that gives workers the right to a pension after a specified number of years of service.

Pension Benefits

Payments made to employees after retirement, based on years of service and salary history, as part of a retirement plan.

Medical Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, typically offered as part of employment benefits.