Exam 16: International Pay Systems

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Which of the following is NOT true of the tariff agreements in Germany?

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B

A study of both U.S.and Slovenian MBAs found that risk taking was higher among Slovenians.

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True

Which of the following statements is true of the localization approach to expatriate compensation?

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B

Briefly summarize the degree to which the social contract constrains the employment relationship in organizations with an example.

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What is the balance sheet approach? What is its objective?

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In Germany,an employee's pay is affected by his or her age.

(True/False)
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Evidence indicates that MNCs are influenced by both the institutional pressures in their home country and in the local context.

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_____ sets salaries according to the home-country system and simply offers employees lump sums of money to offset differences in standards of living.

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Which of the following approaches seeks to ensure that employees on overseas assignments have the same spending power as they would in their home country?

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Neither works councils nor co-determination are legally required in the United States and are quite rare.

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Companies in the United States,United Kingdom,and some central European countries are most likely to have centralized wage bargaining.

(True/False)
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Generally,it is difficult to compare total compensation of a U.S.firm with a foreign competitor.

(True/False)
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Which of the following is true of hiring LCNs?

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Unionization rates are higher in Europe than in Asia.

(True/False)
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Individualism is _____.

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In China,while state-owned enterprises employ two-thirds of all workers,wholly privately owned enterprises,joint ventures with foreign companies,and WOFEs account for half of all profits.

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Only 5 percent of U.S.expatriates believe their company values their overseas experience.

(True/False)
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Slow growth and competition has led Japanese companies to

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Which of the following statements about evolution and change in the traditional German model is true?

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In Japan,internal alignment based on _____ is far more important than other factors.

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