Which of the Following Is True About Decisions Related to a Global

question 25

Multiple Choice

Which of the following is true about decisions related to a global compensation strategy?

• A) They affect a company's costs and ability to compete.
• B) They focus more on flexibility than on fairness to account for differences across cultures.
• C) They are made on the basis of the cost of living in the home country.
• D) They focus only on comparing wages across countries.
• E) They are determined only by labor costs.

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Definitions:

Education

A process of facilitating learning, acquiring knowledge, skills, values, beliefs, and habits through various methods such as teaching, training, storytelling, discussion, and directed research.

Bowles And Gintis

Economists and scholars known for their work on the relationship between education and the economy, particularly the "correspondence principle" which suggests that the structure and values of the educational system reflect those of the labor market.

Conflict Theory

A sociological perspective that views social life as a competition, highlighting the struggles between groups for limited resources.

Capitalist Aims

Capitalist aims involve maximizing profit and capital accumulation within a market economy, typically emphasizing private ownership, competition, and limited government intervention in economic activities.