Description

1. List the main factors that may help to explain the wage differential between two different jobs in an organization with which you are familiar
2. Which party (union or management) would likely be in a stronger position to bargain for its preferred wage outcome under the following conditions and why? a. High profits, an expanding market share, a healthy economy, and the cost of living rising less than 2 percent per year. b. Low profits, stagnant sales growth, uncertain economic conditions, and a projected 4 percent annual rise in cost of living.
3. Which type of pension plan would you prefer to be covered under (i.e., defined benefit, defined contribution, or cash balance) and why, if you were an employee? An employer?
   7.a) Define; Host Country National, Third Country National, and Expatriate according to the textbook.
   b) Define the methods for setting expatriates compensation; Home Country-Based method, Host Country-Based method, Headquarters-Based method.
   c) What is the balance sheet approach? When is it the most appropriate to use?
   d) Define exchange rate, inflation rate, and tax rate.
   e) How do the exchange rate, inflation rate and tax rate impact the design of compensation packages for expatriates?
   8.a) For the case study on page 345, specify one advantage and one disadvantage specifically for opening the new facility in Canada.
   b) For the case study on page 345, specify one advantage and one disadvantage specifically for opening the new facility in Mexico.
   c) Look at the labels in 3 pieces of your clothing. For each, list; what the article of clothing is, the manufacturer, and where it was made.
   d) the names of the three countries of origin on the discussion board. If two of the items are from the same country, list the country name twice.