Smoothing Demand Means Shifting Patronage to Times When a Service's

question 22

True/False

Smoothing demand means shifting patronage to times when a service's productive capacity is underused and deflecting or discouraging patronage when it is oversubscribed.

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Definitions:

Localization

Adapting pay and other compensation benefits to match those of a particular country.

Balance Sheet Approach

A method used in international human resources that is focused on equalizing the cost differences for employees on international assignments to ensure their purchasing power is maintained across different countries.

Repatriation Plan

A strategy designed to assist employees in transitioning back to their home country after completing an international assignment.

Career Positions

Employment roles that offer a path of progression, often requiring specific skills and offering long-term employment.