Various consulting firms publish prices on hundreds of goods and services and provide cost-of-living indices for virtually every city in the world, based on data that are updated regularly, and this information can be used by multinationals for compensation decisions.

Question

Quizplus · Accepted Answer

Consulting firms collect and analyze data on the cost of living in different cities around the world. This information, which includes prices on goods and services and is updated regularly, helps multinational companies make informed decisions about compensation for their employees in various locations.

Various Consulting Firms Publish Prices on Hundreds of Goods and Services