Which of the Following Statements Is True About Localization as an Approach

question 15

Multiple Choice

Which of the following statements is true about localization as an approach to formulating compensation packages?

• A) According to Mercer's findings, localization is practiced in Latin America and Asia Pacific more than Europe and North America.
• B) Localization is a direct consequence of increasing corporate growth and profitability, as well as a stable economic environment.
• C) The increasing trend toward localization reflects companies' efforts to either tap into the local talents or to offer less generous packages to locally hired foreign workers.
• D) The trend toward localization failed in emerging markets because the local compensation and benefits packages are more generous than home-country plans.

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Definitions:

Sharecroppers

Laborers who farm land owned by another person and pay rent either in cash or as a portion of the crop, commonly in the post-Civil War South in the United States.

Cotton

A soft, fluffy staple fiber that grows in a boll around the seeds of cotton plants, used in the textile industry.

Cotton Production

The cultivation and harvesting of cotton plants, primarily for the textile industry, historically a major driver of the economy, especially in the American South.

Egypt

A country in North Africa, known for its ancient civilization and notable landmarks like the Pyramids and the Great Sphinx of Giza.