Compensation Systems Used by Multinationals Are Typically Designed and Implemented

question 25

True/False

Compensation systems used by multinationals are typically designed and implemented to maintain compensation levels that align well with competitors while also closely watching costs.

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Definitions:

Interpersonal Relations

The interactions and behaviors between two or more people within a social or work setting.

Cohesiveness

The measure of how well members of a group or team work together to achieve common goals.

Attractiveness

In the context of business, it often relates to the appeal or magnetic quality that a product, service, or company has, making it desirable to customers, investors, or employees.

Orientation

The introduction and alignment of new employees to the company's environment, culture, and expectations to facilitate their adaptation and productivity.