Because of the Possibility of Exchange Rate Fluctuations, Managers of Multinational

question 211

True/False

Because of the possibility of exchange rate fluctuations, managers of multinational corporations should ignore subjective factors in their performance evaluations.

---

Definitions:

Maslow's Theory

A psychological framework suggesting that human beings have a hierarchy of needs ranging from basic physiological needs to self-actualization, motivating their behavior.

Extrinsic Rewards

Benefits provided by an external source, such as an employer, to motivate individuals, including financial incentives, bonuses, and other non-inherent rewards.

Intrinsic Rewards

The personal satisfaction and fulfillment that an individual derives from performing a job well, arising from internal factors such as a sense of achievement or personal growth.

Best Compensation System

An optimal approach to rewarding employees financially for their work, designed to attract, retain, and motivate personnel while aligning with the organization's goals.