Acme Global recognizes that different employees have different compensation needs when on expatriate assignments. Some may need compensation to pay for their children’s education. Others may work in areas where they must pay high taxes. To avoid having to design an individualized pay package for every employee, Acme Global gives every expatriate employee a set amount for extra expenses. It appears Acme Global is using the _________ approach to expatriate compensation.

A. balance sheet
B. split-pay
C. lump sum
D. localization
E. equalization


C. lump sum

Business

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When a board is operating in the fiduciary mode, it is concerned with the ______.

A. implementation of new programs B. stewardship of the organization’s assets C. achievement of the organization’s long-term goals D. evaluating the chief executive officer’s performance

Business

Managers of a discount store chain are considering whether to add a new auto service department. In reaching this decision, the managers should consider:

A. Indirect costs but not direct costs. B. Neither direct nor indirect costs. C. Both direct and indirect costs. D. Direct costs only.

Business

Even if a statute's words have ordinary, everyday significance, the court will look at the legislative history of the law and public policy in order to interpret the statute

a. True b. False Indicate whether the statement is true or false

Business

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

6. In-group and out-group theory and research can help to understand groups like unions and minorities. 7. Sociotechnical systems furnish examples of the interdependence of people and the organization of tools with which they work. 8. Organizational development downplays the importance of priorities and organization change. 9. Coercive and confrontational techniques are of little use in the study of organization change. 10. Integrating behavioral science with standard forms of management strengthen our understanding and effectiveness of organization change methodologies and processes.

Business