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As an HR manager,what tool would you most likely use to determine the compensation of employees found in competitor firms?
Peripheral Countries
Nations that are less developed than the semi-peripheral and core countries, often characterized by low levels of industrialization, and significant economic dependence on core countries.
World Systems Theory
A framework for understanding the historical and contemporary social structures of global inequality, delineating countries as core, periphery, or semi-periphery.
Modernization Theory
A theory in sociology that suggests that societies progress from traditional to modern states through processes like industrialization and democratization, improving living standards and social norms.
Economic Development
The process by which the economic well-being and quality of life of a nation, region, or local community are improved according to targeted goals and objectives.
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