Partly Because of the Costs and Risks Associated with Long-Term

question 85

Essay

Partly because of the costs and risks associated with long-term international assignments to employees and organizations,many different forms of international assignments have emerged,based on the duration of time spent away from the home country.Discuss two types of international employment arrangements and the HR considerations.

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Definitions:

Periodic Inventory System

An accounting method that records inventory purchase or sale transactions at the end of an accounting period.

Gross Method

An accounting method for recording purchases at the gross invoice amount before deducting any cash discounts for early payment.

Credit Terms

Conditions under which credit will be extended to a borrower, including the amount of credit, interest rate, and repayment schedule.

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer is responsible for the cost of transporting the goods from the shipping point.