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Question No 1

When developing an international remuneration strategy, which of the following is essential to ensure alignment with a company's global business goals and workforce needs?

Choose the Choices:

Establishing regional salary bands without adjustments

Incorporating equity - based rewards regardless of local norms

Using a standardized compensation structure globally

Aligning rewards with business strategies and cultural values

Question No 2

Which of the following best describes the approach of "localization" in global remuneration?

Choose the Choices:

Aligning compensation and benefits with home country practices

Standardizing salaries across all regions to ensure fairness

Adapting compensation and benefits based on host country practices

Implementing a single policy for expatriate benefits

Question No 3

What is a primary challenge when using a "home - based" approach for expatriate compensation?

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The approach often overlooks local laws

It may result in inequality among expatriates from different countries

Compliance with international tax standards becomes difficult

It requires frequent currency conversions for payroll adjustments

Question No 4

Which of the following factors is NOT typically considered in the creation of an international benefits package?

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Question No 5

Which strategy aims to retain employees by providing competitive pay, adapting to cultural preferences, and enhancing the organization's brand as an employer of choice?

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