One Method of Compensation in a Global Business Is to Pay

question 34

Multiple Choice

One method of compensation in a global business is to pay a similar base salary company wide or region wide and offer expatriates an allowance based on specific market conditions in each country. This is known as _____.

• A) broadbanding
• B) the balance sheet approach
• C) skills-based pay
• D) competence-based pay
• E) a pay grading system

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Definitions:

Federal Programs

Government initiatives designed to provide public services, support economic development, or address social issues.

Federal Offices

Governmental positions and departments at the national level, responsible for implementing and overseeing federal laws and policies.

Chairman Of The Joint Chiefs

The highest-ranking and senior-most military officer in the United States Armed Forces, who serves as the principal military advisor to the President, the National Security Council, the Homeland Security Council, and the Secretary of Defense.

Colin Powell

An American military general and statesman who served as the 65th United States Secretary of State, becoming the first African American to hold the position.