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Explain under what circumstances it becomes necessary for a multinational company to concentrate internal processes in a few locations.
Variable Pay
Compensation that is dependent on performance or results achieved, as opposed to fixed salaries, incentivizing employees to achieve organizational goals.
Outsourcing Compensation
The practice of hiring external entities to manage compensation and benefits planning, often to optimize costs.
Outsourcing Policy
A strategic decision by a company to use external resources to perform tasks, handle operations or provide services that are either difficult to manage or outside of the company's core competencies.
Administration
The process or activity of running a business or organization, including management of operations, finances, and personnel.
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