Examlex
A variety of options are available for how multinationals can go about constructing compensation plans for expatriates. Which of the following popular methods is not correctly defined?
Advantages
The positive aspects or benefits associated with a decision, strategy, or action.
Franchise
A business model where a franchisee obtains the rights to operate a business under the franchisor's brand and system in exchange for a fee.
Foreign Firm
A company that is based in one country but operates or has offices in other countries.
Local Firm
A business establishment that operates in a specific geographical area, typically offering products or services to a local market or community.
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