61. Answers will vary. To remain competitive, an organization must provide compensation packages for its managers that
are comparable to those in a given market. Most international businesses need to provide expatriate managers with
differential compensation to make up for differences in currency valuation, standards of living, lifestyle norms, and so on.
If the foreign assignment is for a longer time period, however, compensation is usually adjusted to allow the manager to
maintain her or his home-country standard of living. Occasionally, organizations might have to provide an additional
salary inducement, called a hardship premium or a foreign service premium, simply to convince people to accept a foreign
assignment. Many international businesses also find that they must set up a tax-equalization system for their managers on
foreign assignments. This system ensures that the expatriates’ after-tax income in the host country is comparable to what
the after-tax income would have been in the person’s home country. The other part of compensation besides salary is
benefits. Most international businesses find that, in addition to salary adjustments, they must also provide benefit
adjustments. Special benefits for managers on foreign assignments usually include housing, education, medical treatment,
travel to the home country, and club membership. Firms also find it increasingly necessary to provide job-location
assistance for the spouse of an executive being transferred abroad and to help cover the education costs for their children.
International businesses may also provide expatriates with a travel allowance for trips back to the home country for
personal reasons such as visiting other family members or celebrating holidays.See 3-5 Describe the issues involved in
managing international transfers and assignments.
62. Answers will vary. Dutch scholar Geert Hofstede conducted a study of national values and how they influence
behavior at work. He identified four dimensions of national culture that he believed were important for doing business
across cultures:
• power distance (or status and authority differences between a superior and a subordinate),
• individualism versus collectivism (or the extent to which persons define themselves as individuals rather than as
members of groups),
• masculinity versus femininity (assertive, competitive, success-driven values versus quality of life, relationship-
oriented values in society), and
• uncertainty avoidance (or preferences for structured rather than unstructured situations).
Later work, especially in Asia, led Hofstede to add two more dimensions. These were:
• long-term orientation versus short-term orientation, which associates the connection of the past with the current
and future actions/challenges. A short-term orientation indicates that traditions are honored and kept, and