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Briefly Describe How National Differences in Compensation Affect International Business

question 9

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Briefly describe how national differences in compensation affect international business.
Substantial differences exist in the compensation of executives at the same level in various countries.These differences raise the question: Should the firm pay executives in different countries according to the prevailing standards in each country,or should it equalize pay on a global basis?


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Dietary Nutrients

Substances derived from food that are essential for health and growth, including vitamins, minerals, carbohydrates, proteins, and fats.

ATP

Adenosine triphosphate, a universal energy carrier molecule used by cells to store and transfer energy.

Oxidative Phosphorylation

A process occurring in mitochondria that uses oxygen and high-energy electrons to produce ATP and water.

Krebs Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide and water.

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