An Approach to Developing an Expatriate Compensation Package That Involves

question 35

Multiple Choice

An approach to developing an expatriate compensation package that involves giving the expat a predetermined amount of money and letting the individual make his/her own decisions regarding how to spend it is referred to as the:

• A)Localization approach
• B)Cafeteria approach
• C)Lump-sum method
• D)Balance-sheet approach

---

Definitions:

Cash Dividends

Distribution of financial gains by a company to its shareholders, commonly from net profits.

Market Price

Market price is the current price at which an asset or service is traded in the open market, reflecting what buyers are willing to pay and sellers are willing to accept.

Creditors

Individuals or entities to whom a debt is owed by another party, often tied to credit transactions or loan agreements.

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.