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A Variety of Options Are Available for How Multinationals Can

question 13

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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?

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Definitions:

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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