A Married Manager with Two Children Has Been Offered the Opportunity

question 107

Essay

A married manager with two children has been offered the opportunity to go abroad on an expatriate assignment for the company in a foreign country for a period of three years. If the manager chooses to accept the assignment,he or she wants to perform very well in order to continue moving up the corporate ladder. What sorts of preparations should the manager expect the company to provide,in order to ensure his or her success in the assignment? Comment on these training and preparatory expectations in an ideal world as well as the real world that the manager probably will face.

---

Definitions:

Financial Account

A component of a country’s balance of payments that records transactions of foreign investment and domestic investment abroad, reflecting changes in ownership of international assets.

Financial Account

A component of a country's balance of payments that records transactions involving financial assets and liabilities between residents and non-residents over a period.

Capital Account

A national account that shows the net change in asset ownership for a nation, including assets from financial and physical capital.

Current Account

This term refers to a country's transactions with the rest of the world, including trade in goods and services, earnings on investments, and transfer payments.