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Fundamentals of Human Resource Management 6th Edition by Raymond Noe, John Hollenbeck, Barry Gerhart,Patrick Wright
Edition 6ISBN: 978-0077718367Fundamentals of Human Resource Management 6th Edition by Raymond Noe, John Hollenbeck, Barry Gerhart,Patrick Wright
Edition 6ISBN: 978-0077718367 Exercise 5
Priciest Cities Are Spread over Three Continents
Expatriates spend more for housing, transportation, food, clothing, and other living expenses in Luanda, Angola, than in any other major city, according to a survey by Mercer Human Resources Consulting. The capital cities of Angola and Chad are in the two top spots because they are rich sources of oil, so they are drawing in a stream of oil companies and their employees, increasing the demand for safe local housing and imported goods.
Rankings are influenced by the relative value of national currencies, as well as by political strife and natural disasters. The least expensive city among those studied was Karachi, Pakistan, where security concerns have reduced the demand for housing.
The only U.S. city in Mercer's top 50 is New York, which ranks 16th. Other U.S. cities are in the top 100: Los Angeles (62), San Francisco (74), Honolulu (97), and Miami (98).
Why might an organization choose to locate a facility in one of the most expensive cities, in spite of the higher costs
Expatriates spend more for housing, transportation, food, clothing, and other living expenses in Luanda, Angola, than in any other major city, according to a survey by Mercer Human Resources Consulting. The capital cities of Angola and Chad are in the two top spots because they are rich sources of oil, so they are drawing in a stream of oil companies and their employees, increasing the demand for safe local housing and imported goods.
Rankings are influenced by the relative value of national currencies, as well as by political strife and natural disasters. The least expensive city among those studied was Karachi, Pakistan, where security concerns have reduced the demand for housing.
The only U.S. city in Mercer's top 50 is New York, which ranks 16th. Other U.S. cities are in the top 100: Los Angeles (62), San Francisco (74), Honolulu (97), and Miami (98).
Why might an organization choose to locate a facility in one of the most expensive cities, in spite of the higher costs
Explanation
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Cultural norms can greatly influence how...
Fundamentals of Human Resource Management 6th Edition by Raymond Noe, John Hollenbeck, Barry Gerhart,Patrick Wright
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