Compare and Contrast the Appraisal and Compensation Systems in the U.S.and

question 43

Essay

Compare and contrast the appraisal and compensation systems in the U.S.and more collectivist culture nations.Discuss legal and cultural problems that multinational managers might face using a collectivist approach to these systems in the U.S.and using a U.S.approach in more collectivist cultures.

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.

Few Suppliers

A sourcing strategy where a company relies on a limited number of suppliers for its materials or components.

Technological Change

Technological change involves the invention, innovation, and diffusion of new technologies or processes, significantly impacting productivity and societal practices.

Vertical Integration

A strategy where a company expands its operations to include different stages of production and distribution within its industry.