What will be the effect if the employable workers migrate from the low paying countries to the high paying countries? a) In the low paying countries the wage rate will decline b) There will be a decline in the real output and productivity in the economy c) In the high paying countries, there will be an increase in the business or capitalist income. d) In the low paying countries, there will be a decline in the business or capitalist income.

What will be the effect if the employable workers migrate from the low paying countries to the high paying countries? a) In the low paying countries the wage rate will decline b) There will be a decline in the real output and productivity in the economy c) In the high paying countries, there will be an increase in the business or capitalist income. d) In the low paying countries, there will be a decline in the business or capitalist income.

Understanding Management (MindTap Course List)

10th Edition

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Richard L. Daft, Dorothy Marcic

Chapter3: Managing In A Global Environment

Section: Chapter Questions

Problem 1AL

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While expats say salary is the most important element in the decision to work for an Asian company, culture is the most important factor in deciding to stay, says British recruiting firm Robert Walters.In general, what attract an employee to a company are not the same things that keep them there, said Gerrit Bouckaert, managing director of Robert Walters for Thailand and Vietnam.Pay, belief in the company's growth potential and reputation, in that order, are the top three things that would make international professionals take a job at an Asian company.Interestingly, pay is the least rewarding aspect of working for an Asian company for expats."It's not that expats perceive these companies as cheap or that they are in fact cheap," said Mr. Bouckaert. "While entry-level jobs in Thai companies offer much less than those at their Western counterparts, senior managers in Thailand make more than managers in Europe."The drastic shift in preferences, he said, can be attributed to the different…
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