Global Supply Chains Make Purchasing Easier Because There Are More

question 90

True/False

Global supply chains make purchasing easier because there are more options.

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Definitions:

Expatriate Compensation

The package of salary, benefits, allowances, and incentives offered to employees who are sent to work in a foreign country by their employer.

Economic Forces

Represent the various external factors that influence the economy and affect businesses and consumers, such as inflation, interest rates, and unemployment rates.

Global Compensation Strategy

Involves designing and implementing compensation practices that are consistent worldwide while also accommodating local laws, practices, and expectations.