In your elaborate opinion: Describe the advantages and disadvantages of the going rate approach to international compensation and the balance sheet...

In your elaborate opinion:

1. Describe the advantages and disadvantages of the going rate approach to international compensation and the balance sheet approach.

2. Describe some categories of basis-for-pay of strategic pay systems.

3.Present the general objectives of international compensation for a firm.

4. List the objectives of international compensation for an employee. Which of these would be the most important to you? Why?