In Using the Balance Sheet Approach to Compensating Expatriate Managers

question 57

Multiple Choice

In using the balance sheet approach to compensating expatriate managers, the term "differentials" refers to the concept of

• A)paying essentially the same as to home-country counterparts in similar jobs.
• B)compensating the person for separation from family and friends.
• C)covering moving, storage, and educational expenses.
• D)offsetting the higher costs of overseas goods, services, and housing.

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Definitions:

Existing Strategy

A previously formulated plan or approach that an individual, group, or organization follows to achieve specific goals or outcomes.

Crisis Situation

A complex and urgent scenario that requires immediate attention and action to prevent or mitigate disaster.

Decisive

Characterized by or displaying no hesitation; resolutely determined.

Innovative Actions

Activities or initiatives that introduce new methods, ideas, or products.