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What are the three basic decisions a firm contemplating foreign expansion must make?
Indirect Pay
Compensation that employees receive indirectly, including various types of insurance, retirement benefits, educational assistance, and other non-wage perks.
Principles
Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.
Goal-Sharing
A strategy where organizational objectives are communicated and shared among team members to ensure alignment and foster cooperation.
Gain-Sharing
A performance-based compensation strategy where employees receive benefits from the cost-saving measures they contribute to.
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