Podcast
Questions and Answers
How does the localizer compensation strategy compare to the exporter strategy?
How does the localizer compensation strategy compare to the exporter strategy?
- It completely disregards local conditions
- It focuses on standardizing pay systems globally
- It uses the same pay system in every country
- It customizes pay systems for each country (correct)
What is the main characteristic of the localizer compensation strategy?
What is the main characteristic of the localizer compensation strategy?
- Standardizing pay systems across countries
- Implementing a uniform pay system globally
- Adapting pay systems to local conditions (correct)
- Ignoring local conditions in pay systems
What analogy is used to explain the localizer's approach to pay systems?
What analogy is used to explain the localizer's approach to pay systems?
- McDonald’s using the same recipe for hamburgers worldwide
- McDonald’s offering different menus in every country
- McDonald’s offering the same menu worldwide
- McDonald’s using different recipes for hamburgers in every country (correct)