An Approach to Developing an Expatriate Compensation Package That Is

question 2

Multiple Choice

An approach to developing an expatriate compensation package that is based on ensuring that the expat is "made whole" and does not lose money by taking the assignment is referred to as the:

• A)Balance-sheet approach
• B)Lump-sum method
• C)Localization approach
• D)Cafeteria approach

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Definitions:

Need Satisfaction

The fulfillment of a desire or requirement, especially as it pertains to consumer demands or employee expectations.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from physiological needs to self-actualization.

Esteem Needs

A concept in Maslow's hierarchy of needs referring to the human desire for respect, self-esteem, and recognition from others.

Self-Actualisation Needs

The highest level in Maslow's hierarchy of needs, representing the realization of an individual's potential, self-fulfillment, seeking personal growth, and peak experiences.