Explain the Three Reasons Why Companies Often Choose Not to Develop

question 43

Essay

Explain the three reasons why companies often choose not to develop their own compensation surveys.

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Definitions:

Transnational Collaboration

The practice of individuals, groups, or entities from different nations working together toward a common goal or on a shared project.

Labor Movement

A broad social movement seeking to improve rights, wages, and working conditions for workers through collective action and labor unions.

Multinational Corporations

Companies that operate in several countries around the world, managing production or delivering services in more than one country.

Labor Standards

Regulations and laws that establish the minimum requirements for working conditions, including hours of work, wages, safety, and health protections for workers.