Inter-national Business 12th Edition

Employee compensation payments added to base salaries because of higher expenses encountered when living abroad

Expatriate employee compensation payments in addition to base salaries and allowances because of hardship, inconvenience, or danger

For expatriate employees, packages that can incorporate many types of payments or reimbursements and must take into consideration exchange rates and inflation

As used here, related to hiring and promoting employees on the basis of the parent company’s home country frame of reference

A person living outside his or her country of citizenship

As used here, related to hiring and promoting employees on the basis of ability and experience without considering race or citizenship

A mind-set that combines an openness to and an awareness of diversity across markets and cultures with a propensity and ability to synthesize across this diversity

Same as parent-country national

Employee who is a citizen of the nation in which the subsidiary is operating, which is different from the parent company’s home nation

Employee who is a citizen of the nation in which the subsidiary is operating, which is different from the parent company’s home nation

Entitles the expatriate employee to all the allowances and bonuses applicable to the place of residence and employment

A situation in which a person doing international business can speak only his or her home language

Employee who is a citizen of the nation in which the parent company is headquartered; also called home country national

As used here, related to hiring and promoting employees on the basis of the specific local context in which the subsidiary operates

As used here, related to hiring and promoting employees on the basis of the specific regional context in which the subsidiary operates

Employee who is a citizen of neither the parent company nation nor the host country