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Acme Global Recognizes That Different Employees Have Different Compensation Needs

question 80

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Acme Global recognizes that different employees have different compensation needs when on expatriate assignments.Therefore it has a compensation specialist sit down with each employee before the assignment to work out how the employee will be compensated.It appears Acme Global is using the ______ approach to expatriate compensation.


Definitions:

Full Employment

An economic situation where all available labor resources are being used in the most efficient way possible, typically characterized by low unemployment.

Entrepreneurial Ability

The innovation and risk-taking skills that a person possesses to create and manage a business successfully.

Economic Success

The achievement of desired financial outcomes in growth, employment, and stable prices within an economy.

Entrepreneurs

Individuals who create, organize, and manage a business venture, taking on financial risks in the hope of profit.

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