The Main Objective of the Balance Sheet Approach to International

question 18

Multiple Choice

The main objective of the balance sheet approach to international compensation is

• A)To match home and host county purchasing power.
• B)To make sure you reward international managers for their hardship.
• C)To save costs in inexpensive countries.
• D)To provide headquarters' accountants with consistent information on salaries.

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Definitions:

Civilian to Military Production

The transition of manufacturing and production processes from civilian to military goods, typically during periods of war or military buildup.

Government Military Contracts

Agreements or contracts between a government and private companies for the provision of goods and services to the military or for defense purposes.

Nation's Top Corporations

The leading companies in a country, typically measured by revenue, profitability, or market capitalization.

Closed-Shop

A workplace where employment is conditional upon the employee's membership in a labor union, typically found in industries with strong union representation.