1. What is compensation? What are the basic differences between wages and
According to HR-guide.com, compensation is a systematic approach to providing monetary value to
employees in exchange for work performed. Compensation may achieve several
1. Summarize recent growth and trends in international business.
the United States, post-World War II, was the pretty much the only stable industrial power still standing.
Because of the massive destruction caused by the war, many countries were forced to
1. Compare and contrast the advantages and disadvantages of internal versus external
An internal recruitment strategy is using existing employees from within an organization to fill positions.
Firms can use such internal job posting boards, em