Bringing Managers Together in One Location for Extended Periods and Rotating

question 16

True/False

Bringing managers together in one location for extended periods and rotating them through different jobs in several countries help a firm build an informal management network.

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Definitions:

Wealth Redistribution

The transfer of income and wealth from certain individuals or groups to others through mechanisms like taxation, charity, or welfare policies, aiming at economic equality.

Mandated By Law

Requirements or actions that are legally imposed and regulated by legislation, which individuals or entities must comply with.

Host-Based Pay

Expatriate pay comparable to that earned by employees in a host country.

Skill-Based Pay

A compensation system that sets pay levels based on the skills or knowledge an employee possesses, rather than their job title or position.