Examlex
What kind of organization becomes more responsive to its environment by breaking the company into more manageable units?
Global Compensation Strategy
Involves designing and implementing compensation practices that are consistent worldwide while also accommodating local laws, practices, and expectations.
Competitiveness
The ability of a company, country, or individual to produce goods and services at a lower cost, higher quality, or more innovatively than competitors.
Labor Costs
The expenses incurred by an employer for their workforce, including salaries, benefits, and taxes.
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