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If Lincoln electric were to enter India, how should the company structure its human resources and incentive system?Should the company utilize its core incentive/pay-for-performance management
If Lincoln electric were to enter India, how should the company structure its human resources and incentive system?Should the company utilize its core incentive/pay-for-performance management practices (i.e. centralized approach to pay), or should it adapt to local labor market norms (adaptation approach to pay)?Discuss the Pro's and Con's of each approach.
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