Examlex
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 _____.
Abductive Reasoning
A type of logical inference which begins with an observation then seeks to find the simplest and most likely explanation.
Retroductive Reasoning
A form of reasoning that starts from an observed effect and works backward to hypothesize a cause; also known as abductive reasoning.
Deeper Meaning
The underlying or significant significance of a concept, action, or statement beyond its surface level interpretation.
Groupthink
A phenomenon occurring within a group of people in which the desire for harmony results in an irrational decision-making outcome.
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