Describe Local Plus compensation and explain the major challenges MNEs face when using this approach.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Local Plus is The driving force behind cost savings in international assignments Used for longterm a...View the full answer
Answered By
Charles Okinda
students should give all the instructions concerning the challenge that they face. they will get an immediate response because I am always online.
4.90+
753+ Reviews
1481+ Question Solved
Related Book For
International Human Resource Management
ISBN: 978-1408032091
6th edition
Authors: Peter Dowling, Marion Festing, Allen Engle
Question Posted:
Students also viewed these Human Resource Management questions
-
a. Analyze Walt's argument and explain why a mutual fund investment may be overdiversified. Also explain why one does not necessarily have to have hundreds of thousands of dollars to diversify...
-
Porter notes that Firms, not individual nations, compete in international markets. How does this statement help to explain some of the major challenges facing MNEs?
-
1. Briefly describe each of the four major challenges that Netflix faces. Which of these four challenges will be the most difficult to address? Why? Which challenge will be the easiest to address?...
-
One analogy that is used to think about what is happening in an electric circuit is that of a bucket brigade. Bucket brigades were used before 1900 to fight fires. A group of people would each have a...
-
A long cylindrical heater element of diameter D = 10 mm, temperature T 1 = 1500 K, and emissivity ? 1 = 1 is used in a furnace. The bottom area A 2 is a diffuse gray surface with ? 2 = 0.6 and is...
-
The difference between fraud and errors is: 1.The materiality of the value involved 2. Intent of those involved 3. Whether it affects owners equity or not 4. All of the choices are correct
-
Explain the meaning of the term 'financial statement assertions' and list seven such assertions.
-
Pringle Inc. issues 8,000 shares of $100 par value preferred stock for cash at $106 per share. Journalize the issuance of the preferred stock.
-
Cooperative has a straight-line depreciation policy and expected economy life of its taxis for 5 years. If the drivers choose bought the taxi in cash, then cash should be paid at the day of...
-
1. Use the case information, and the information below, to compute the MRP tables for all items. Are there any problems? Week 1 scheduled receipts:* P0110 650 units POX 1050 units POY 1125 units PIXI...
-
What are the key differences in salary compensation for PCNs and TCNs? Do these differences matter?
-
What are the main points that MNEs must consider when deciding how to provide benefits?
-
The Schuyler Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: Direct materials: 10 lb. at $ 4.50 per lb....
-
How should we use digital transformation to capture customer preference insights to optimize valued-based offers?
-
Will personalized pricing through AI be the new normal in decades?
-
What might be some of the limitations to AI pricing that may slow down adoption and implementation?
-
What are the key tools and frameworks developed to help better manage pricing during the development and growth of the pricing discipline?
-
Who in an organization should be in charge of designing, running, and evaluating pricing experiments?
-
The annual demand for an item of raw materials is 4000 units and the purchase price is expected to be 90 per unit. The incremental cost of processing an order is 135 and the cost of storage is...
-
[a] Two foam blocks, each with a charge of 19 micro coulombs (1 C = 10-6 C), are both held in place 19 cm apart in the east-west direction. A foam ball with a charge 49 C is placed 55 cm north of the...
-
Why is it important to measure return on investment of international assignments? Which indicators can be used?
-
What should be the main objectives for a multinational with regard to its compensation policies?
-
Describe the main differences in the going rate and balance sheet approaches to international compensation.
-
The weekly salaries (in dollars) of 24 randomly selected employees of a company are shown below: 310 320 450 460 470 500 520 580 600 650 700 540 710 840 870 900 1000 1200 1250 1300 1400 1720 2500...
-
(a) Assume a non-dividend paying asset St, undergoes geometric Brownian motion dS = S+dt+S+dWt where W is a standard Brownian motion and and are constants. We assume also that r, the risk-free...
-
Eleanor is auditing a large manufacturing company. Currently, she is looking at the entire population of inventory purchases for the year, and matching the purchase order, receiving documentation,...
Study smarter with the SolutionInn App