What is the key purpose of the balance sheet approach to compensating expatriate managers?

A) to enhance the skills of the expatriate
B) to ensure that the expatriate does not lose financially in his or her international assignment
C) to balance the social costs of the assignment
D) to ensure that there is work-life balance

Balance Sheet Approach

A method used in expatriate compensation that aims to equalize cost differences between the home country and the host country.

Compensating Expatriate Managers

The process of determining and providing adequate financial and non-financial benefits to managers who are temporarily assigned to work in foreign countries.

Financially

Pertaining to finance or finances, often used to describe actions or conditions relating to the management, investment, or allocation of money and assets.