The long-term effect of exchange rate change is an important consideration in _____ (translation or economic?) exposure.
Fill in the blank(s) with the appropriate word(s).
Answer: economic
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Which one of the following would be correct regarding person-focused pay programs?
A) the skill blocks model only emphasizes horizontal skills B) the stair-step model addresses depth, while the skill blocks model emphasizes both horizontal and vertical skills C) employees do not progress to more complex jobs in the stair-step model D) competency models do not apply to jobs within the same family
What may be a consequence of laws on labor unions and employment in Western Europe that make it difficult to terminate employees?
A) succession planning becomes less relevant B) employee compensation decreases C) companies may choose to hire many employees D) companies may be reluctant to hire many employees