Which of the following should be at the foundation of a global company’s basis of determining wages in developing nations?

a. Wages should be set at the same rate as wages in the company’s home country.
b. Wages should be set based on supply and demand in the local economy.
c. Wages should be set based on the local labor market.
d. Wages should be set based on the retail price of a product in the United States.


Answer: C

Philosophy & Belief

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Answer the following statement true (T) or false (F)

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Indicate whether the statement is true or false

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