What Is the Key Purpose of the Balance Sheet Approach

question 64

Multiple Choice

What is the key purpose of the balance sheet approach to compensating expatriate managers?

• A) to enhance the skills of the expatriate
• B) to ensure that the expatriate does not lose financially in his or her international assignment
• C) to balance the social costs of the assignment
• D) to ensure that there is work-life balance

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Definitions:

Unauthorized Contract

An agreement made by a person who does not have the legal authority to do so on behalf of a party.

Ratifies

The act of formally approving or confirming a decision or agreement, making it officially valid.

Valid

Legally sound, effective, and binding.

Contract for Sale

A legally binding agreement where one party agrees to sell and another agrees to buy goods or property under specified terms and conditions.