MayFly Inc., a firm headquartered in Paris, France, sends one of its employees to Frankfurt, Germany and Barcelona, Spain to manage its operations in these cities.The employee would be required to alternate between the two cities every six months.Mayfly offers only a moving expense on top of the base pay as the employee would be moving only within the European Union countries.Which of the following approaches to expatriate compensation is exemplified in this situation?
A) Modified balance sheet approach
B) Localization approach
C) Local plus approach
D) Lump-sum/cafeteria approach
Correct Answer:
Verified
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