Research the following questions:- How will U.S. employers conduct business with entities in other countries as former underdeveloped parts of the world experience tremendous economic, trade, and standard of living growth?- What will the move from traditional manufacturing to knowledge- and service-based employment mean for jobs and compensation?- What will the move from traditional manufacturing to knowledge- and service-based employment mean for markets that are more dispersed geographically?- Write an 8- to 10-page academic paper that synthesizing your research and includes the items listed. Use headers in your paper. Include at least five references.- What the research says on how U.S. employers conduct business with entities in other countries as former underdeveloped parts of the world experience tremendous economic, trade, and standard of living growth.- A recommendation on the best compensation strategy to address the issue of working with other countries that are or were underdeveloped but are now experiencing economic, trade, and standard of living growth. Justify your recommendation.- What the research says about the impact the move from traditional manufacturing to knowledge- and service-based employment means for jobs and compensation.- What the research says about the impact the move from traditional manufacturing to knowledge- and service-based employment means for markets that are more dispersed geographically.-Discuss the changes in a company’s compensation plan that may need to occur in a company moving from a manufacturing base to a knowledge- and service-based employment.-Attach any forms associated with the performance management system you created as appendices to your paper.
