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Discuss the pro and con of approach

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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 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.

Reference no: EM132289684

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