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According to Perlmutter (1979) , there are four4 main approaches used by multi-national companies towards internationalization and International HRM: ethnocentric, polycentric regiocentric, and ______.
Tax Increase
An escalation in the statutory rate imposed by the government on income, goods, services, or transactions.
Tariff Rates
Taxes imposed on imported goods and services, which can affect the price and availability of those goods and services.
Expansionary Policies
Economic strategies implemented by a government or central bank to spur economic growth, typically through increased government spending or reduced taxes.
Economic Downturn
A period of reduced economic activity characterized by declining GDP, unemployment, and falling prices.
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