The Total Compensation Package That Equalizes the Purchasing Power of the Expatriate

question 12

Multiple Choice

The total compensation package that equalizes the purchasing power of the expatriate manager with that of employees in similar positions in the home country and provides incentives to offset the inconvenience incurred in the location is known as the _____ approach.

• A)cost-based
• B)balance sheet
• C)fixed cost
• D)performance-linked
• E)profit-based

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Definitions:

Organizational Leadership

The process of guiding and managing the efforts of members within an organization towards achieving the organization's objectives through strategic decision-making and effective communication.

Reward Systems

Mechanisms within organizations designed to motivate and incentivize employees by recognizing their contributions and achievements.

Team Cohesiveness

The extent to which team members are attracted to the team and motivated to remain part of it, leading to better teamwork, communication, and overall team performance.

Brooks's Law

A principle stating that adding more manpower to a late software project only makes it later.