The purpose of the __________ approach is to help expatriates avoid personal sacrifice in standard of living or financial loss due to the expatriate assignment, as well as provide an attractive incentive for accepting the assignment.
A)Flex-Rate
B)Earning Stability
C)Procurement Parity
D)Balance Sheet

Question

Quizplus · Accepted Answer

The Balance Sheet approach aims to maintain the expatriate's home country standard of living by covering the difference in cost of living between the home and host country. It also assists in offsetting any financial losses suffered by the expatriate. This serves as an attractive incentive for accepting and completing the expatriate assignment.

The Purpose of the __________ Approach Is to Help Expatriates