Before Accepting a Foreign Posting and Becoming an Expatriate,an Executive

question 34

Multiple Choice

Before accepting a foreign posting and becoming an expatriate,an executive should:

• A)arrange with someone fairly high in the home country company to be your mentor and look out for your interests.
• B)insist that the bosses tell you exactly what the company expects you to accomplish.
• C)try to assess how your family will adopt to the major changes involved.
• D)arrange with someone fairly high in the home country company to be the mentor,insist that the bosses tell exactly what the company expects,and try to assess how your family will adopt to the major changes involved.
• E)insist on being sent unofficially on a month long tour to the host country to get acclimatized with the culture.

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Definitions:

Compounded Semi-Annually

Interest on an investment or loan calculated twice a year and added to the principal.

Economic Values

The worth of goods or services as determined by the market or the intrinsic importance or utility they offer to individuals.

Compounded Monthly

Interest on a loan or investment calculated monthly and added to the principal sum for the calculation of subsequent interest.

Compounded Annually

Interest calculation and accumulation once per year on the principal amount of an investment or loan.