The "Local Plus" Approach to International Compensation

question 41

Multiple Choice

The "Local Plus" approach to international compensation

• A) Pays expatriates solely based on prevailing local wage conditions
• B) Provides nothing but benefits in transportation assistance,housing and dependent's education
• C) Combines some local pay practices with some expatriate benefits
• D) Always includes tax equalization policies

---

Definitions:

Trust And Wisdom

Essential qualities in both personal and professional relationships, involving confidence in someone's reliability and soundness in judgment or knowledge.

Business Friendship

A professional relationship that involves mutual interests and cooperation between individuals who may also share a personal rapport beyond formal business interactions.

Personal Friendship

A close and intimate relationship formed between individuals through mutual affection and personal bond.

Relationship Selling

A sales approach focused on building long-term customer relationships rather than just making immediate sales, emphasizing trust and consultation.