Daniel,an American,is Selected by His Firm to Undertake a Temporary

question 79

Multiple Choice

Daniel,an American,is selected by his firm to undertake a temporary assignment in Russia.Daniel's compensation is determined and adjusted in accordance with the standard of living in Russia.He is also paid relocation expenses to ensure he is not inconvenienced by the transfer.Which of the following approaches have been used to determine Daniel's compensation?

• A) third-country based approach
• B) flat-pay approach
• C) transactional approach
• D) balance sheet approach
• E) going-rate approach

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Definitions:

Late Nineteenth Century

The period between 1870 and 1900, characterized by industrialization, urbanization, and significant social and political changes globally.

Ideology

A system of ideas, beliefs, values, and ideals that constitutes one's goals, expectations, and actions, often associated with political parties or social movements.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group, encompassing language, religion, cuisine, social habits, and more.

American Expansionism

This refers to the historical movement and ideology aimed at extending the territorial, political, and economic influence of the United States across the North American continent and beyond.